United States Copper Index Fund (NYSEARCA:CPER) Stock Price Up 0.9%

United States Copper Index Fund (NYSEARCA:CPER)’s stock price rose 0.9% during mid-day trading on Monday . The company traded as high as $27.60 and last traded at $27.46. Approximately 114,326 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 173,986 shares. The stock had previously closed at $27.21.

United States Copper Index Fund Stock Up 0.9 %

The stock has a market capitalization of $190.85 million, a PE ratio of 3.28 and a beta of 0.49. The stock has a fifty day moving average of $28.53 and a 200-day moving average of $25.96.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Tidemark LLC acquired a new stake in United States Copper Index Fund in the fourth quarter valued at $43,000. Geneos Wealth Management Inc. acquired a new stake in United States Copper Index Fund in the first quarter valued at $57,000. Centric Wealth Management acquired a new stake in United States Copper Index Fund in the first quarter valued at $242,000. PFG Advisors acquired a new stake in United States Copper Index Fund in the first quarter valued at $467,000. Finally, Simplex Trading LLC raised its stake in United States Copper Index Fund by 248.9% in the fourth quarter. Simplex Trading LLC now owns 22,063 shares of the company’s stock valued at $532,000 after buying an additional 15,739 shares in the last quarter.

About United States Copper Index Fund

The United States Copper Index Fund, LP (CPER) is an exchange-traded fund that is based on the SummerHaven Copper index. The fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve. CPER was launched on Nov 15, 2011 and is managed by US Commodity Funds.