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

Kera Capital Partners Inc. acquired a new position in shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 24,448 shares of the company’s stock, valued at approximately $1,083,000. Kera Capital Partners Inc. owned about 0.31% of iShares Copper and Metals Mining ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of iShares Copper and Metals Mining ETF in the second quarter valued at approximately $1,017,000. Allie Family Office LLC acquired a new stake in iShares Copper and Metals Mining ETF during the 3rd quarter worth approximately $206,000. Citadel Advisors LLC boosted its stake in iShares Copper and Metals Mining ETF by 280.4% in the 3rd 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 period. Sunbelt Securities Inc. bought a new stake in iShares Copper and Metals Mining ETF in the 3rd quarter valued at $76,000. Finally, JFS Wealth Advisors LLC acquired a new position in iShares Copper and Metals Mining ETF in the 4th quarter valued at $27,000. Institutional investors own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Stock Performance

ICOP opened at $53.86 on Friday. The stock has a fifty day moving average of $52.90 and a 200-day moving average of $50.00. The company has a market capitalization of $463.20 million, a P/E ratio of -19.17 and a beta of 0.87. iShares Copper and Metals Mining ETF has a fifty-two week low of $27.52 and a fifty-two week high of $60.08.

iShares Copper and Metals Mining ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.2713 dividend. The ex-dividend date was Monday, June 15th. iShares Copper and Metals Mining ETF’s payout ratio is -31.67%.

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.