Sigma Planning Corp Takes Position in iShares Copper and Metals Mining ETF $ICOP

Sigma Planning Corp bought a new stake in shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 11,572 shares of the company’s stock, valued at approximately $513,000.

Other institutional investors also recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new position in shares of iShares Copper and Metals Mining ETF during the third quarter valued at approximately $1,144,000. J. Safra Sarasin Holding AG bought a new position in shares of iShares Copper and Metals Mining ETF during the third quarter valued at approximately $350,000. Citadel Advisors LLC grew its holdings in shares of iShares Copper and Metals Mining ETF by 280.4% during the third quarter. Citadel Advisors LLC now owns 39,995 shares of the company’s stock valued at $1,505,000 after purchasing an additional 29,480 shares during the last quarter. Jane Street Group LLC bought a new position in shares of iShares Copper and Metals Mining ETF during the second quarter valued at approximately $1,017,000. Finally, Sunbelt Securities Inc. bought a new position in shares of iShares Copper and Metals Mining ETF during the third quarter valued at approximately $76,000. 1.35% of the stock is owned by institutional investors.

iShares Copper and Metals Mining ETF Trading Up 6.6%

Shares of NASDAQ ICOP opened at $52.34 on Thursday. The stock has a 50 day simple moving average of $50.13 and a 200-day simple moving average of $46.65. The company has a market cap of $450.12 million, a PE ratio of -18.63 and a beta of 0.83. iShares Copper and Metals Mining ETF has a 12-month low of $26.61 and a 12-month high of $60.08.

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.