Kera Capital Partners Inc. Purchases New Holdings in iShares Copper and Metals Mining ETF $ICOP

Kera Capital Partners Inc. purchased a new stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 24,448 shares of the company’s stock, valued at approximately $1,083,000.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of 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 valued at $4,177,000 after acquiring an additional 85,754 shares during the period. Jane Street Group LLC raised its stake in iShares Copper and Metals Mining ETF by 252.8% in the fourth quarter. Jane Street Group LLC now owns 79,423 shares of the company’s stock valued at $3,519,000 after purchasing an additional 56,910 shares in the last quarter. Citadel Advisors LLC raised its stake in iShares Copper and Metals Mining ETF by 280.4% in 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 in the last quarter. Marshall Wace LLP bought a new stake in iShares Copper and Metals Mining ETF during the fourth quarter worth about $1,240,000. Finally, J. Safra Sarasin Holding AG lifted its position in iShares Copper and Metals Mining ETF by 222.7% during the fourth quarter. J. Safra Sarasin Holding AG now owns 30,010 shares of the company’s stock worth $1,330,000 after purchasing an additional 20,710 shares during the period. Institutional investors and hedge funds own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Stock Down 1.3%

Shares of iShares Copper and Metals Mining ETF stock opened at $53.86 on Friday. iShares Copper and Metals Mining ETF has a 12-month low of $27.52 and a 12-month high of $60.08. The company has a market capitalization of $463.20 million, a price-to-earnings ratio of -19.17 and a beta of 0.87. The firm’s 50-day moving average price is $52.90 and its two-hundred day moving average price is $50.00.

iShares Copper and Metals Mining ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.2713 per share. The ex-dividend date of this dividend was Monday, June 15th. iShares Copper and Metals Mining ETF’s dividend payout ratio is -31.67%.

iShares Copper and Metals Mining ETF Company 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.