Evanson Financial LLC Makes New $492,000 Investment in iShares Copper and Metals Mining ETF $ICOP

Evanson Financial LLC acquired a new stake in shares of iShares Copper and Metals Mining ETF (NASDAQ:ICOP) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,000 shares of the company’s stock, valued at approximately $492,000. Evanson Financial LLC owned 0.11% of iShares Copper and Metals Mining ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Evolution Wealth Management Inc. acquired a new position in shares of iShares Copper and Metals Mining ETF in the first quarter valued at $25,000. Fifth Third Bancorp acquired a new stake in iShares Copper and Metals Mining ETF during the first quarter worth $29,000. HHM Wealth Advisors LLC bought a new stake in iShares Copper and Metals Mining ETF in the 4th quarter valued at $29,000. Steward Partners Investment Advisory LLC increased its holdings in iShares Copper and Metals Mining ETF by 147.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,334 shares of the company’s stock valued at $59,000 after buying an additional 794 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in shares of iShares Copper and Metals Mining ETF in the 3rd quarter valued at $76,000. 1.35% of the stock is currently owned by institutional investors.

iShares Copper and Metals Mining ETF Stock Performance

NASDAQ:ICOP opened at $55.34 on Friday. The company has a 50-day moving average of $50.90 and a 200-day moving average of $51.26. The company has a market capitalization of $475.92 million, a price-to-earnings ratio of -19.69 and a beta of 0.92. iShares Copper and Metals Mining ETF has a 52 week low of $30.49 and a 52 week high of $60.08.

iShares Copper and Metals Mining ETF Announces Dividend

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

iShares Copper and Metals Mining ETF Company 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.