Sollinda Capital Management LLC Takes Position in Global X Copper Miners ETF $COPX

Sollinda Capital Management LLC acquired a new position in Global X Copper Miners ETF (NYSEARCA:COPX) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 126,727 shares of the company’s stock, valued at approximately $9,098,000. Global X Copper Miners ETF comprises approximately 2.3% of Sollinda Capital Management LLC’s holdings, making the stock its 11th largest position. Sollinda Capital Management LLC owned 0.18% of Global X Copper Miners ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in COPX. Barnes Dennig Private Wealth Management LLC acquired a new stake in Global X Copper Miners ETF in the fourth quarter valued at approximately $30,000. Sunbelt Securities Inc. acquired a new position in shares of Global X Copper Miners ETF during the 3rd quarter worth $30,000. Caitlin John LLC acquired a new position in shares of Global X Copper Miners ETF during the 3rd quarter worth $33,000. US Bancorp DE bought a new position in shares of Global X Copper Miners ETF during the 3rd quarter valued at $60,000. Finally, AlphaCore Capital LLC raised its holdings in shares of Global X Copper Miners ETF by 318.5% during the 3rd quarter. AlphaCore Capital LLC now owns 1,088 shares of the company’s stock valued at $65,000 after purchasing an additional 828 shares in the last quarter.

Global X Copper Miners ETF Trading Down 1.2%

COPX stock opened at $70.75 on Tuesday. The firm has a market cap of $5.93 billion, a PE ratio of 18.04 and a beta of 1.16. Global X Copper Miners ETF has a 1 year low of $30.77 and a 1 year high of $99.99. The company has a fifty day simple moving average of $84.04 and a 200 day simple moving average of $71.63.

Global X Copper Miners ETF Company 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.