Columbia Advisory Partners LLC Takes $1.06 Million Position in Sprott Copper Miners ETF $COPP

Columbia Advisory Partners LLC bought a new position in Sprott Copper Miners ETF (NASDAQ:COPP) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 29,551 shares of the company’s stock, valued at approximately $1,056,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. J.W. Cole Advisors Inc. purchased a new position in Sprott Copper Miners ETF during the fourth quarter valued at $860,000. Jane Street Group LLC purchased a new stake in Sprott Copper Miners ETF in the 2nd quarter worth $427,000. Sprott Inc. bought a new position in shares of Sprott Copper Miners ETF during the 3rd quarter valued at about $211,000. Smith Moore & CO. purchased a new position in shares of Sprott Copper Miners ETF during the third quarter valued at about $204,000. Finally, Cetera Investment Advisers purchased a new position in shares of Sprott Copper Miners ETF during the fourth quarter valued at about $229,000.

Sprott Copper Miners ETF Trading Up 2.2%

Shares of COPP stock opened at $38.30 on Wednesday. The stock has a market capitalization of $276.91 million, a price-to-earnings ratio of 30.50 and a beta of 0.85. Sprott Copper Miners ETF has a 12-month low of $20.81 and a 12-month high of $47.46. The stock’s 50-day moving average price is $40.30 and its 200-day moving average price is $38.87.

About Sprott Copper Miners ETF

The Sprott Copper Miners ETF (COPP) is an exchange-traded fund that is based on the Nasdaq Sprott Copper Miners index. The fund is passively managed, tracking a modified market-cap weighted index comprised of companies in the mining, exploration, development, and production of copper. The fund invests in securities of issuers from all around the world. COPP was launched on Mar 5, 2024 and is issued by Sprott.