Western Wealth Management LLC Buys Shares of 12,190 iShares Copper and Metals Mining ETF $ICOP

Western Wealth Management LLC bought a new stake in iShares Copper and Metals Mining ETF (NASDAQ:ICOP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 12,190 shares of the company’s stock, valued at approximately $540,000. Western Wealth Management LLC owned approximately 0.16% of iShares Copper and Metals Mining ETF as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of ICOP. Jane Street Group LLC acquired a new stake in shares of iShares Copper and Metals Mining ETF in the 2nd quarter valued at $1,017,000. J. Safra Sarasin Holding AG acquired a new stake in shares of iShares Copper and Metals Mining ETF in the 3rd quarter valued at $350,000. TD Waterhouse Canada Inc. acquired a new stake in shares of iShares Copper and Metals Mining ETF in the 3rd quarter valued at $1,144,000. W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in shares of iShares Copper and Metals Mining ETF by 3.0% in 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 purchasing an additional 4,613 shares in the last quarter. Finally, Allie Family Office LLC acquired a new stake in shares of iShares Copper and Metals Mining ETF in the 3rd quarter valued at $206,000. Institutional investors and hedge funds own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Stock Performance

Shares of ICOP stock opened at $51.88 on Friday. The stock’s fifty day moving average price is $49.92 and its two-hundred day moving average price is $47.38. The company has a market cap of $446.17 million, a PE ratio of -18.46 and a beta of 0.83. iShares Copper and Metals Mining ETF has a fifty-two week low of $26.94 and a fifty-two week high of $60.08.

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.