Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Get Free Report)’s stock price was up 3.9% on Tuesday. The company traded as high as $39.34 and last traded at $39.27. Approximately 84,859 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 135,044 shares. The stock had previously closed at $37.79.
Sprott Junior Copper Miners ETF Stock Performance
The business’s 50-day moving average is $43.91 and its 200-day moving average is $42.89. The firm has a market cap of $137.87 million, a price-to-earnings ratio of 11.67 and a beta of 1.09.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in COPJ. NewEdge Advisors LLC acquired a new stake in shares of Sprott Junior Copper Miners ETF during the 1st quarter worth approximately $28,000. Trifecta Capital Advisors LLC acquired a new stake in Sprott Junior Copper Miners ETF during the 1st quarter worth $39,000. Coppell Advisory Solutions LLC acquired a new stake in Sprott Junior Copper Miners ETF during the 2nd quarter worth $167,000. Group One Trading LLC boosted its position in shares of Sprott Junior Copper Miners ETF by 1,189.6% in the 1st quarter. Group One Trading LLC now owns 4,978 shares of the company’s stock worth $194,000 after purchasing an additional 4,592 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its stake in shares of Sprott Junior Copper Miners ETF by 125.3% during the second quarter. TD Waterhouse Canada Inc. now owns 6,961 shares of the company’s stock worth $271,000 after purchasing an additional 3,871 shares during the period.
About Sprott Junior Copper Miners ETF
The Sprott Junior Copper Miners ETF (COPJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Copper Miners index. The fund seeks to track an index of small copper miners around the globe, primarily those with revenues tied to the mining, development and production of copper. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. COPJ was launched on Feb 1, 2023 and is managed by Sprott.
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