🟢 Copper Miners ETF (COPX) is trading 3.5% up on August 19, 2026, on BHP's profit beat

COPX is trading at $88.58, up +3.52%, as copper miners catch up with a broader supply-squeeze narrative.

• Persistent concentrate shortages, Chilean mine disruptions, and declining inventories continue supporting long-term copper margins, despite copper prices retreating on August 19 amid China-demand concerns.
• BHP reported stronger-than-expected fiscal 2026 profit and dividends; shares rose as much as 4.2%. BHP represents approximately 5.48% of COPX.