Sigma Planning Corp Acquires New Position in iShares Copper and Metals Mining ETF $ICOP

Sigma Planning Corp acquired a new stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,572 shares of the company’s stock, valued at approximately $513,000. Sigma Planning Corp owned about 0.17% of iShares Copper and Metals Mining ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TD Waterhouse Canada Inc. bought a new stake in iShares Copper and Metals Mining ETF in the third quarter valued at about $1,144,000. J. Safra Sarasin Holding AG bought a new position in shares of iShares Copper and Metals Mining ETF during the third quarter valued at approximately $350,000. Allie Family Office LLC bought a new position in shares of iShares Copper and Metals Mining ETF during the third quarter valued at approximately $206,000. HHM Wealth Advisors LLC bought a new position in shares of iShares Copper and Metals Mining ETF during the fourth quarter valued at approximately $29,000. Finally, Jane Street Group LLC bought a new position in shares of iShares Copper and Metals Mining ETF during the second quarter valued at approximately $1,017,000. 1.35% of the stock is owned by institutional investors.

iShares Copper and Metals Mining ETF Trading Up 6.6%

NASDAQ:ICOP opened at $52.34 on Thursday. The firm has a market capitalization of $450.12 million, a PE ratio of -18.63 and a beta of 0.83. The stock has a 50 day moving average of $50.13 and a 200-day moving average of $46.65. iShares Copper and Metals Mining ETF has a 52 week low of $26.61 and a 52 week high of $60.08.

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.