TD Waterhouse Canada Inc. Cuts Position in iShares Copper and Metals Mining ETF $ICOP

TD Waterhouse Canada Inc. decreased its stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) by 55.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,476 shares of the company’s stock after selling 10,678 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares Copper and Metals Mining ETF were worth $411,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in iShares Copper and Metals Mining ETF by 1,008.5% during the fourth quarter. LPL Financial LLC now owns 94,257 shares of the company’s stock worth $4,177,000 after buying an additional 85,754 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares Copper and Metals Mining ETF by 252.8% in the fourth quarter. Jane Street Group LLC now owns 79,423 shares of the company’s stock valued at $3,519,000 after buying an additional 56,910 shares in the last quarter. Citadel Advisors LLC increased its holdings in iShares Copper and Metals Mining ETF by 280.4% in the third 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 in the last quarter. Marshall Wace LLP acquired a new stake in shares of iShares Copper and Metals Mining ETF during the 4th quarter valued at approximately $1,240,000. Finally, Kera Capital Partners Inc. acquired a new stake in shares of iShares Copper and Metals Mining ETF during the 4th quarter valued at approximately $1,083,000. Hedge funds and other institutional investors own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Price Performance

Shares of NASDAQ:ICOP opened at $55.47 on Friday. The business’s 50 day simple moving average is $53.25 and its 200-day simple moving average is $52.01. The firm has a market capitalization of $477.04 million, a price-to-earnings ratio of -19.74 and a beta of 0.95. iShares Copper and Metals Mining ETF has a 12 month low of $33.68 and a 12 month high of $60.93.

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.