Sovran Advisors LLC Takes Position in Sprott Copper Miners ETF $COPP

Sovran Advisors LLC acquired a new stake in Sprott Copper Miners ETF (NASDAQ:COPP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,006 shares of the company’s stock, valued at approximately $560,000. Sovran Advisors LLC owned about 0.21% of Sprott Copper Miners ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of COPP. Corrado Advisors LLC raised its holdings in shares of Sprott Copper Miners ETF by 2.7% in the fourth quarter. Corrado Advisors LLC now owns 44,751 shares of the company’s stock worth $1,558,000 after buying an additional 1,156 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Sprott Copper Miners ETF in the 1st quarter worth approximately $1,192,000. Columbia Advisory Partners LLC purchased a new position in Sprott Copper Miners ETF during the 1st quarter worth approximately $1,056,000. J.W. Cole Advisors Inc. purchased a new position in Sprott Copper Miners ETF during the 4th quarter worth approximately $860,000. Finally, Susquehanna International Group LLP lifted its stake in Sprott Copper Miners ETF by 17.9% during the 3rd quarter. Susquehanna International Group LLP now owns 24,154 shares of the company’s stock valued at $683,000 after acquiring an additional 3,675 shares during the period.

Sprott Copper Miners ETF Price Performance

NASDAQ:COPP opened at $36.85 on Tuesday. The firm has a market capitalization of $259.06 million, a P/E ratio of 30.50 and a beta of 0.92. Sprott Copper Miners ETF has a 1-year low of $20.81 and a 1-year high of $47.46. The company’s fifty day moving average price is $40.05 and its 200-day moving average price is $39.12.

Sprott Copper Miners ETF Company Profile

The Sprott Copper Miners ETF (COPP) is an exchange-traded fund that is based on the Nasdaq Sprott Copper Miners index. The fund is passively managed, tracking a modified market-cap weighted index comprised of companies in the mining, exploration, development, and production of copper. The fund invests in securities of issuers from all around the world. COPP was launched on Mar 5, 2024 and is issued by Sprott.