Quantinno Capital Management LP Takes $909,000 Position in iShares Copper and Metals Mining ETF $ICOP

Quantinno Capital Management LP purchased a new stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 19,103 shares of the company’s stock, valued at approximately $909,000. Quantinno Capital Management LP owned about 0.22% of iShares Copper and Metals Mining ETF at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ICOP. Dai ichi Life International Holdings LLC purchased a new position in iShares Copper and Metals Mining ETF during the 1st quarter worth $212,000. Cetera Investment Advisers purchased a new stake in shares of iShares Copper and Metals Mining ETF in the first quarter valued at about $365,000. Kera Capital Partners Inc. raised its holdings in shares of iShares Copper and Metals Mining ETF by 54.8% in the first quarter. Kera Capital Partners Inc. now owns 37,840 shares of the company’s stock valued at $1,800,000 after buying an additional 13,392 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in shares of iShares Copper and Metals Mining ETF by 3.6% during the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 167,003 shares of the company’s stock worth $7,946,000 after buying an additional 5,765 shares during the period. Finally, Sigma Planning Corp boosted its stake in shares of iShares Copper and Metals Mining ETF by 6.1% during the first quarter. Sigma Planning Corp now owns 12,281 shares of the company’s stock worth $584,000 after buying an additional 709 shares during the period. Institutional investors and hedge funds own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Price Performance

NASDAQ ICOP opened at $53.57 on Monday. The firm has a market cap of $460.70 million, a P/E ratio of -19.06 and a beta of 0.92. iShares Copper and Metals Mining ETF has a 52-week low of $30.59 and a 52-week high of $60.08. The business’s 50-day moving average price is $50.87 and its 200 day moving average price is $51.40.

iShares Copper and Metals Mining ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given 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 (DPR) is presently -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.