OLD Mission Capital LLC Buys 31,200 Shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP)

OLD Mission Capital LLC raised its stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) by 76.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,199 shares of the company’s stock after purchasing an additional 31,200 shares during the period. OLD Mission Capital LLC owned approximately 4.01% of iShares Copper and Metals Mining ETF worth $1,843,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc acquired a new stake in shares of iShares Copper and Metals Mining ETF during the 4th quarter worth approximately $38,000. U.S. Capital Wealth Advisors LLC bought a new position in iShares Copper and Metals Mining ETF during the fourth quarter worth about $548,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co acquired a new stake in iShares Copper and Metals Mining ETF during the fourth quarter valued at approximately $3,698,000. 1.35% of the stock is currently owned by institutional investors and hedge funds.

iShares Copper and Metals Mining ETF Trading Down 0.2 %

ICOP stock opened at $26.30 on Thursday. The firm has a market cap of $47.34 million, a P/E ratio of -9.36 and a beta of 1.04. iShares Copper and Metals Mining ETF has a 1-year low of $24.65 and a 1-year high of $35.41. The business’s 50 day moving average is $26.71 and its 200-day moving average is $28.01.

About iShares Copper and Metals Mining ETF

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.