iShares Copper and Metals Mining ETF (ICOP) To Go Ex-Dividend on December 16th

iShares Copper and Metals Mining ETF (NASDAQ:ICOP) declared a dividend on Monday, December 15th. Shareholders of record on Tuesday, December 16th will be given a dividend of 0.593 per share on Friday, December 19th. This represents a yield of 283.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares Copper and Metals Mining ETF Stock Down 2.2%

Shares of NASDAQ ICOP opened at $41.95 on Wednesday. The firm has a fifty day moving average of $39.19 and a 200-day moving average of $34.24. The stock has a market capitalization of $113.27 million, a PE ratio of -14.93 and a beta of 0.85. iShares Copper and Metals Mining ETF has a 52-week low of $21.10 and a 52-week high of $43.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new stake in shares of iShares Copper and Metals Mining ETF in the third quarter valued at $76,000. Citadel Advisors LLC lifted its holdings in shares of iShares Copper and Metals Mining ETF by 280.4% during the 3rd quarter. Citadel Advisors LLC now owns 39,995 shares of the company’s stock worth $1,505,000 after acquiring an additional 29,480 shares during the period. Allie Family Office LLC acquired a new stake in iShares Copper and Metals Mining ETF in the 3rd quarter valued at $206,000. W.G. Shaheen & Associates DBA Whitney & Co grew its position in iShares Copper and Metals Mining ETF by 3.0% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 158,816 shares of the company’s stock worth $5,975,000 after acquiring an additional 4,613 shares during the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of iShares Copper and Metals Mining ETF in the third quarter valued at approximately $1,144,000. Institutional investors own 1.35% of the company’s stock.

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.