Main Street Financial Solutions LLC Reduces Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Main Street Financial Solutions LLC decreased its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 12.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,500 shares of the company’s stock after selling 1,050 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Global X Copper Miners ETF were worth $338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Scarborough Advisors LLC purchased a new stake in Global X Copper Miners ETF in the fourth quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Global X Copper Miners ETF in the second quarter worth $27,000. Baldwin Brothers LLC MA bought a new position in Global X Copper Miners ETF in the second quarter worth $50,000. Aptus Capital Advisors LLC raised its holdings in Global X Copper Miners ETF by 25.2% in the second quarter. Aptus Capital Advisors LLC now owns 2,064 shares of the company’s stock worth $93,000 after purchasing an additional 415 shares in the last quarter. Finally, Valley National Advisers Inc. bought a new position in Global X Copper Miners ETF in the first quarter worth $94,000.

Global X Copper Miners ETF Trading Up 1.2 %

COPX opened at $41.38 on Friday. The stock has a fifty day simple moving average of $42.49 and a two-hundred day simple moving average of $43.95. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. Global X Copper Miners ETF has a 12-month low of $31.65 and a 12-month high of $52.90.

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.