iShares Copper and Metals Mining ETF $ICOP Shares Acquired by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG boosted its stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) by 222.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,010 shares of the company’s stock after purchasing an additional 20,710 shares during the quarter. J. Safra Sarasin Holding AG owned about 0.66% of iShares Copper and Metals Mining ETF worth $1,330,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. W.G. Shaheen & Associates DBA Whitney & Co raised its stake in iShares Copper and Metals Mining ETF by 3.0% during the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 158,816 shares of the company’s stock worth $5,975,000 after purchasing an additional 4,613 shares during the period. Citadel Advisors LLC grew its stake 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 valued at $1,505,000 after buying an additional 29,480 shares during the period. Jane Street Group LLC acquired a new stake in shares of iShares Copper and Metals Mining ETF during the 2nd quarter worth $1,017,000. TD Waterhouse Canada Inc. acquired a new stake in shares of iShares Copper and Metals Mining ETF during the 3rd quarter worth $1,144,000. Finally, Allie Family Office LLC purchased a new position in shares of iShares Copper and Metals Mining ETF in the 3rd quarter worth $206,000. Institutional investors and hedge funds own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Trading Up 3.2%

Shares of iShares Copper and Metals Mining ETF stock opened at $49.09 on Thursday. The business’s fifty day moving average price is $51.02 and its 200 day moving average price is $44.30. iShares Copper and Metals Mining ETF has a twelve month low of $21.10 and a twelve month high of $60.08. The stock has a market capitalization of $385.36 million, a P/E ratio of -17.47 and a beta of 0.85.

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.