J. Safra Sarasin Holding AG Raises Stake in iShares Copper and Metals Mining ETF $ICOP

J. Safra Sarasin Holding AG boosted its holdings in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) by 222.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 30,010 shares of the company’s stock after buying an additional 20,710 shares during the period. J. Safra Sarasin Holding AG’s holdings in iShares Copper and Metals Mining ETF were worth $1,330,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ICOP. JFS Wealth Advisors LLC purchased a new stake in iShares Copper and Metals Mining ETF during the fourth quarter worth approximately $27,000. Sunbelt Securities Inc. purchased a new position in shares of iShares Copper and Metals Mining ETF in the 3rd quarter valued at $76,000. Citadel Advisors LLC raised its stake in shares of iShares Copper and Metals Mining ETF by 280.4% in the 3rd 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 during the period. Allie Family Office LLC acquired a new position in shares of iShares Copper and Metals Mining ETF during the 3rd quarter valued at $206,000. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in shares of iShares Copper and Metals Mining ETF by 3.0% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 158,816 shares of the company’s stock valued at $5,975,000 after acquiring an additional 4,613 shares in the last quarter. 1.35% of the stock is owned by institutional investors and hedge funds.

iShares Copper and Metals Mining ETF Trading Up 3.2%

Shares of iShares Copper and Metals Mining ETF stock opened at $49.09 on Thursday. iShares Copper and Metals Mining ETF has a twelve month low of $21.10 and a twelve month high of $60.08. The stock has a market cap of $385.36 million, a price-to-earnings ratio of -17.47 and a beta of 0.85. The company has a fifty day moving average price of $51.02 and a 200 day moving average price of $44.30.

About iShares Copper and Metals Mining ETF

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.