TD Waterhouse Canada Inc. trimmed its position in shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP – Free Report) by 55.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,476 shares of the company’s stock after selling 10,678 shares during the quarter. TD Waterhouse Canada Inc. owned 0.10% of iShares Copper and Metals Mining ETF worth $411,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the company. W.G. Shaheen & Associates DBA Whitney & Co lifted its position in iShares Copper and Metals Mining ETF by 3.6% in the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 167,003 shares of the company’s stock valued at $7,946,000 after purchasing an additional 5,765 shares during the period. LPL Financial LLC increased its position in iShares Copper and Metals Mining ETF by 1,008.5% during the 4th quarter. LPL Financial LLC now owns 94,257 shares of the company’s stock worth $4,177,000 after purchasing an additional 85,754 shares during the period. Jane Street Group LLC increased its position in iShares Copper and Metals Mining ETF by 252.8% during the 4th quarter. Jane Street Group LLC now owns 79,423 shares of the company’s stock worth $3,519,000 after purchasing an additional 56,910 shares during the period. Citadel Advisors LLC raised its stake in shares of iShares Copper and Metals Mining ETF by 280.4% during the 3rd quarter. Citadel Advisors LLC now owns 39,995 shares of the company’s stock worth $1,505,000 after buying an additional 29,480 shares in the last quarter. Finally, Kera Capital Partners Inc. raised its stake in shares of iShares Copper and Metals Mining ETF by 54.8% during the 1st quarter. Kera Capital Partners Inc. now owns 37,840 shares of the company’s stock worth $1,800,000 after buying an additional 13,392 shares in the last quarter. 1.35% of the stock is owned by hedge funds and other institutional investors.
iShares Copper and Metals Mining ETF Price Performance
ICOP opened at $55.47 on Friday. iShares Copper and Metals Mining ETF has a 12 month low of $33.68 and a 12 month high of $60.93. The stock has a market capitalization of $477.04 million, a P/E ratio of -19.74 and a beta of 0.95. The business has a 50 day simple moving average of $53.25 and a 200-day simple moving average of $52.01.
iShares Copper and Metals Mining ETF Profile
The iShares Copper and Metals Mining ETF (ICOP) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-capitalization weighted index composed of stocks of copper and metal ore mining companies globally. Stocks are quantitatively screened to identify stocks with significant revenue tied to this space ICOP was launched on Jun 21, 2023 and is managed by BlackRock.
See Also
- Five stocks we like better than iShares Copper and Metals Mining ETF
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Want to see what other hedge funds are holding ICOP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Copper and Metals Mining ETF (NASDAQ:ICOP – Free Report).
Receive News & Ratings for iShares Copper and Metals Mining ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Copper and Metals Mining ETF and related companies with MarketBeat.com's FREE daily email newsletter.
