Regency Capital Management Inc. DE Takes $2.34 Million Position in Sprott Copper Miners ETF $COPP

Regency Capital Management Inc. DE purchased a new stake in Sprott Copper Miners ETF (NASDAQ:COPP) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,598 shares of the company’s stock, valued at approximately $2,343,000. Regency Capital Management Inc. DE owned approximately 0.91% of Sprott Copper Miners ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. acquired a new stake in Sprott Copper Miners ETF during the 4th quarter valued at $860,000. Columbia Advisory Partners LLC purchased a new stake in shares of Sprott Copper Miners ETF in the first quarter valued at $1,056,000. Carnegie Investment Counsel acquired a new stake in shares of Sprott Copper Miners ETF in the first quarter worth $1,489,000. Sovran Advisors LLC acquired a new stake in shares of Sprott Copper Miners ETF in the first quarter worth $560,000. Finally, First United Bank & Trust purchased a new position in shares of Sprott Copper Miners ETF during the first quarter valued at $36,000.

Sprott Copper Miners ETF Trading Down 1.8%

NASDAQ:COPP opened at $37.76 on Thursday. The firm has a market capitalization of $265.45 million, a price-to-earnings ratio of 30.50 and a beta of 0.92. Sprott Copper Miners ETF has a 1-year low of $20.81 and a 1-year high of $47.46. The business’s fifty day moving average price is $40.06 and its 200 day moving average price is $39.17.

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.