19,103 Shares in iShares Copper and Metals Mining ETF $ICOP Bought by Quantinno Capital Management LP

Quantinno Capital Management LP acquired a new stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) during the first quarter, HoldingsChannel reports. The fund acquired 19,103 shares of the company’s stock, valued at approximately $909,000.

Several other institutional investors also recently bought and sold shares of ICOP. Jane Street Group LLC purchased a new position in iShares Copper and Metals Mining ETF during the 2nd quarter worth $1,017,000. Citadel Advisors LLC boosted its holdings in shares of 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 acquiring an additional 29,480 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of iShares Copper and Metals Mining ETF in the third quarter valued at about $76,000. W.G. Shaheen & Associates DBA Whitney & Co increased its stake in shares of iShares Copper and Metals Mining ETF by 1.5% during the fourth quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 161,238 shares of the company’s stock worth $7,144,000 after acquiring an additional 2,422 shares during the period. Finally, Sigma Planning Corp acquired a new position in shares of iShares Copper and Metals Mining ETF during the fourth quarter worth about $513,000. 1.35% of the stock is owned by institutional investors and hedge funds.

iShares Copper and Metals Mining ETF Price Performance

NASDAQ ICOP opened at $53.57 on Monday. The stock has a market capitalization of $460.70 million, a P/E ratio of -19.06 and a beta of 0.92. iShares Copper and Metals Mining ETF has a 52-week low of $30.59 and a 52-week high of $60.08. The firm has a 50-day moving average price of $50.87 and a 200 day moving average price of $51.40.

iShares Copper and Metals Mining ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.2713 per share. The ex-dividend date was Monday, June 15th. iShares Copper and Metals Mining ETF’s payout ratio is presently -31.67%.

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.