Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Shares Climb 0.6% – Should You Buy?

Sprott Junior Copper Miners ETF (NASDAQ:COPJ – Get Free Report)’s share price rose 0.6% during trading on Monday. The company traded as high as $44.41 and last traded at $44.22. 34,274 shares were traded during trading, a decline of 76% from the average session volume of 141,289 shares. The stock had previously closed at $43.97.

Sprott Junior Copper Miners ETF Stock Performance

The company’s fifty day moving average is $44.74 and its two-hundred day moving average is $42.32. The company has a market cap of $157.42 million, a price-to-earnings ratio of 11.67 and a beta of 1.09.

Institutional Trading of Sprott Junior Copper Miners ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC acquired a new position in Sprott Junior Copper Miners ETF during the first quarter valued at $28,000. Trifecta Capital Advisors LLC acquired a new stake in Sprott Junior Copper Miners ETF during the 1st quarter worth about $39,000. Coppell Advisory Solutions LLC purchased a new position in shares of Sprott Junior Copper Miners ETF during the 2nd quarter valued at about $167,000. Group One Trading LLC raised its stake in shares of Sprott Junior Copper Miners ETF by 1,189.6% during the 1st quarter. Group One Trading LLC now owns 4,978 shares of the company’s stock valued at $194,000 after buying an additional 4,592 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in shares of Sprott Junior Copper Miners ETF by 125.3% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 6,961 shares of the company’s stock valued at $271,000 after buying an additional 3,871 shares during the period.

Sprott Junior Copper Miners ETF Company Profile

(Get Free Report)

The Sprott Junior Copper Miners ETF (COPJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Copper Miners index. The fund seeks to track an index of small copper miners around the globe, primarily those with revenues tied to the mining, development and production of copper. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. COPJ was launched on Feb 1, 2023 and is managed by Sprott.

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