Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Get Free Report) fell 1.1% during trading on Tuesday . The stock traded as low as $44.76 and last traded at $44.94. 79,988 shares traded hands during trading, a decline of 50% from the average daily volume of 158,694 shares. The stock had previously closed at $45.46.
Sprott Junior Copper Miners ETF Stock Down 1.1%
The stock has a market capitalization of $165.83 million, a P/E ratio of 11.67 and a beta of 1.03. The stock has a 50 day simple moving average of $40.59 and a two-hundred day simple moving average of $42.34.
Hedge Funds Weigh In On Sprott Junior Copper Miners ETF
Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new stake in Sprott Junior Copper Miners ETF during the first quarter worth $28,000. Osaic Holdings Inc. grew its position in shares of Sprott Junior Copper Miners ETF by 26.9% in the 4th quarter. Osaic Holdings Inc. now owns 3,895 shares of the company’s stock valued at $153,000 after acquiring an additional 825 shares during the period. Trifecta Capital Advisors LLC acquired a new position in shares of Sprott Junior Copper Miners ETF during the 1st quarter worth about $39,000. PNC Financial Services Group Inc. increased its stake in shares of Sprott Junior Copper Miners ETF by 9.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 26,938 shares of the company’s stock worth $1,050,000 after purchasing an additional 2,336 shares during the last quarter. Finally, Simplex Trading LLC acquired a new position in shares of Sprott Junior Copper Miners ETF during the 4th quarter worth about $121,000.
About Sprott Junior Copper Miners ETF
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.
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