Client First Investment Management LLC Purchases New Position in Sprott Junior Copper Miners ETF $COPJ

Client First Investment Management LLC purchased a new stake in Sprott Junior Copper Miners ETF (NASDAQ:COPJ) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 27,552 shares of the company’s stock, valued at approximately $1,083,000. Sprott Junior Copper Miners ETF comprises about 0.6% of Client First Investment Management LLC’s holdings, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. purchased a new stake in Sprott Junior Copper Miners ETF in the third quarter valued at $783,000. Envestnet Asset Management Inc. purchased a new stake in Sprott Junior Copper Miners ETF in the third quarter valued at $390,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of Sprott Junior Copper Miners ETF in the third quarter valued at about $204,000.

Sprott Junior Copper Miners ETF Stock Down 1.7%

Shares of Sprott Junior Copper Miners ETF stock opened at $43.58 on Thursday. Sprott Junior Copper Miners ETF has a 52-week low of $21.80 and a 52-week high of $53.94. The company’s 50-day simple moving average is $41.20 and its 200-day simple moving average is $41.69. The firm has a market cap of $177.37 million, a price-to-earnings ratio of 11.67 and a beta of 0.95.

Sprott Junior Copper Miners ETF Company Profile

The Sprott Junior Copper Miners ETF (COPJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Copper Miners index. The fund seeks to track an index of small copper miners around the globe, primarily those with revenues tied to the mining, development and production of copper. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. COPJ was launched on Feb 1, 2023 and is managed by Sprott.