Regency Capital Management Inc. DE Acquires New Position in Sprott Copper Miners ETF $COPP

Regency Capital Management Inc. DE acquired a new stake in Sprott Copper Miners ETF (NASDAQ:COPP) during the 1st quarter, HoldingsChannel reports. The firm acquired 65,598 shares of the company’s stock, valued at approximately $2,343,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Caitlin John LLC acquired a new stake in shares of Sprott Copper Miners ETF during the 4th quarter valued at $25,000. First United Bank & Trust acquired a new position in shares of Sprott Copper Miners ETF in the first quarter worth $36,000. Blue Trust Inc. acquired a new position in shares of Sprott Copper Miners ETF in the fourth quarter worth $37,000. AdvisorNet Financial Inc raised its holdings in shares of Sprott Copper Miners ETF by 33.4% during the first quarter. AdvisorNet Financial Inc now owns 2,295 shares of the company’s stock worth $82,000 after acquiring an additional 575 shares in the last quarter. Finally, Federation des caisses Desjardins du Quebec purchased a new stake in shares of Sprott Copper Miners ETF during the fourth quarter worth $92,000.

Sprott Copper Miners ETF Trading Down 1.8%

COPP opened at $37.76 on Thursday. The stock has a fifty day moving average price of $40.06 and a 200 day moving average price of $39.17. Sprott Copper Miners ETF has a 1 year low of $20.81 and a 1 year high of $47.46. The stock has a market cap of $265.45 million, a price-to-earnings ratio of 30.50 and a beta of 0.92.

About Sprott Copper Miners ETF

The Sprott Copper Miners ETF (COPP) is an exchange-traded fund that is based on the Nasdaq Sprott Copper Miners index. The fund is passively managed, tracking a modified market-cap weighted index comprised of companies in the mining, exploration, development, and production of copper. The fund invests in securities of issuers from all around the world. COPP was launched on Mar 5, 2024 and is issued by Sprott.