Dynamic Wealth Strategies LLC Has $1.07 Million Stock Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Dynamic Wealth Strategies LLC lifted its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 18.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,013 shares of the company’s stock after purchasing an additional 4,349 shares during the quarter. Global X Copper Miners ETF makes up about 1.0% of Dynamic Wealth Strategies LLC’s investment portfolio, making the stock its 21st largest position. Dynamic Wealth Strategies LLC’s holdings in Global X Copper Miners ETF were worth $1,070,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of COPX. West Oak Capital LLC increased its stake in Global X Copper Miners ETF by 478.3% in the fourth quarter. West Oak Capital LLC now owns 665 shares of the company’s stock valued at $25,000 after acquiring an additional 550 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Global X Copper Miners ETF during the fourth quarter valued at approximately $55,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Global X Copper Miners ETF in the 4th quarter valued at approximately $60,000. IFP Advisors Inc raised its holdings in shares of Global X Copper Miners ETF by 166.7% in the 4th quarter. IFP Advisors Inc now owns 1,600 shares of the company’s stock worth $61,000 after buying an additional 1,000 shares in the last quarter. Finally, Angeles Wealth Management LLC bought a new position in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $84,000.

Global X Copper Miners ETF Price Performance

Shares of COPX stock opened at $35.52 on Monday. The stock’s fifty day simple moving average is $39.26 and its 200 day simple moving average is $41.18. Global X Copper Miners ETF has a one year low of $30.77 and a one year high of $52.90. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 15.18 and a beta of 1.23.

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.