Ipsen Advisor Group LLC Takes $1.41 Million Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Ipsen Advisor Group LLC bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 37,023 shares of the company’s stock, valued at approximately $1,414,000. Global X Copper Miners ETF makes up about 1.2% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 22nd largest holding. Ipsen Advisor Group LLC owned 0.08% of Global X Copper Miners ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Barclays PLC boosted its position in shares of Global X Copper Miners ETF by 245.8% during the 3rd quarter. Barclays PLC now owns 122,780 shares of the company’s stock worth $5,804,000 after acquiring an additional 87,278 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in Global X Copper Miners ETF during the fourth quarter worth approximately $3,113,000. Lake Hills Wealth Management LLC purchased a new position in Global X Copper Miners ETF in the fourth quarter valued at approximately $2,073,000. Raymond James Financial Inc. acquired a new stake in Global X Copper Miners ETF during the fourth quarter worth approximately $1,958,000. Finally, Proficio Capital Partners LLC acquired a new stake in Global X Copper Miners ETF during the fourth quarter worth approximately $1,465,000.

Global X Copper Miners ETF Trading Up 2.0 %

Shares of Global X Copper Miners ETF stock opened at $43.32 on Wednesday. The company has a fifty day simple moving average of $40.15 and a 200-day simple moving average of $41.85. Global X Copper Miners ETF has a 12-month low of $36.79 and a 12-month high of $52.90. The stock has a market cap of $2.92 billion, a price-to-earnings ratio of 16.06 and a beta of 1.35.

About Global X Copper Miners ETF

Global X Copper Miners ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Copper Miners Index. The Solactive Global Copper Miners Index is designed to reflect the performance of the copper mining industry. It is comprised of common stocks, American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of selected companies globally, which are engaged in some aspect of the copper mining industry such as copper mining, refining or exploration.