Evanson Financial LLC Acquires Shares of 10,000 iShares Copper and Metals Mining ETF $ICOP

Evanson Financial LLC purchased a new stake in 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 purchased 10,000 shares of the company’s stock, valued at approximately $492,000.

Several other large investors also recently made changes to their positions in ICOP. Evolution Wealth Management Inc. bought a new stake in shares of iShares Copper and Metals Mining ETF during the first quarter worth $25,000. HHM Wealth Advisors LLC bought a new position in shares of iShares Copper and Metals Mining ETF in the 4th quarter valued at about $29,000. Fifth Third Bancorp bought a new position in shares of iShares Copper and Metals Mining ETF in the 1st quarter valued at about $29,000. Steward Partners Investment Advisory LLC grew its position in shares of iShares Copper and Metals Mining ETF by 147.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,334 shares of the company’s stock worth $59,000 after buying an additional 794 shares during the period. Finally, Sunbelt Securities Inc. bought a new stake in shares of iShares Copper and Metals Mining ETF during the third quarter worth approximately $76,000. Institutional investors own 1.35% of the company’s stock.

iShares Copper and Metals Mining ETF Price Performance

Shares of NASDAQ ICOP opened at $55.34 on Friday. iShares Copper and Metals Mining ETF has a fifty-two week low of $30.49 and a fifty-two week high of $60.08. The firm has a market capitalization of $475.92 million, a P/E ratio of -19.69 and a beta of 0.92. The company’s 50 day simple moving average is $50.90 and its 200 day simple moving average is $51.26.

iShares Copper and Metals Mining ETF Dividend Announcement

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.