iShares Copper and Metals Mining ETF $ICOP Stake Increased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP) by 37.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 92,416 shares of the company’s stock after buying an additional 25,165 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned about 1.05% of iShares Copper and Metals Mining ETF worth $4,918,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its position in shares of iShares Copper and Metals Mining ETF by 17.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,080 shares of the company’s stock valued at $164,000 after acquiring an additional 457 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Copper and Metals Mining ETF by 16.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 16,435 shares of the company’s stock worth $809,000 after acquiring an additional 2,289 shares during the period. Markowski Investments purchased a new position in iShares Copper and Metals Mining ETF in the 2nd quarter valued at approximately $37,000. Rehmann Capital Advisory Group increased its stake in iShares Copper and Metals Mining ETF by 12.0% in the 2nd quarter. Rehmann Capital Advisory Group now owns 5,338 shares of the company’s stock valued at $263,000 after purchasing an additional 572 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new position in iShares Copper and Metals Mining ETF in the 2nd quarter valued at approximately $739,000. 1.35% of the stock is currently owned by institutional investors and hedge funds.

iShares Copper and Metals Mining ETF Stock Performance

Shares of ICOP stock opened at $51.67 on Thursday. The stock has a fifty day moving average price of $55.54 and a 200 day moving average price of $52.69. The stock has a market cap of $454.70 million, a PE ratio of -18.39 and a beta of 0.99. iShares Copper and Metals Mining ETF has a 1 year low of $36.08 and a 1 year high of $60.93.

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.