Sound Financial Strategies Group LLC Acquires New Shares in Global X Copper Miners ETF $COPX

Sound Financial Strategies Group LLC purchased a new position in Global X Copper Miners ETF (NYSEARCA:COPX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,834 shares of the company’s stock, valued at approximately $449,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Global X Copper Miners ETF during the fourth quarter valued at $28,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Global X Copper Miners ETF in the 1st quarter worth about $30,000. Sunbelt Securities Inc. bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at about $30,000. International Assets Investment Management LLC bought a new position in Global X Copper Miners ETF during the 1st quarter valued at about $33,000. Finally, Longview Financial Advisors Inc. purchased a new stake in shares of Global X Copper Miners ETF during the 1st quarter valued at about $34,000.

Global X Copper Miners ETF Stock Down 3.9%

Shares of COPX stock opened at $89.24 on Wednesday. The company has a 50 day moving average price of $82.20 and a 200-day moving average price of $82.94. Global X Copper Miners ETF has a 52 week low of $48.94 and a 52 week high of $99.99. The firm has a market capitalization of $8.28 billion, a PE ratio of 18.04 and a beta of 1.07.

Global X Copper Miners ETF Profile

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.