J.W. Cole Advisors Inc. Makes New Investment in Sprott Copper Miners ETF $COPP

J.W. Cole Advisors Inc. purchased a new position in Sprott Copper Miners ETF (NASDAQ:COPP) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 24,709 shares of the company’s stock, valued at approximately $860,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Corrado Advisors LLC lifted its position in shares of Sprott Copper Miners ETF by 2.7% in the fourth quarter. Corrado Advisors LLC now owns 44,751 shares of the company’s stock worth $1,558,000 after buying an additional 1,156 shares during the last quarter. Susquehanna International Group LLP lifted its position in shares of Sprott Copper Miners ETF by 17.9% in the third quarter. Susquehanna International Group LLP now owns 24,154 shares of the company’s stock worth $683,000 after buying an additional 3,675 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Sprott Copper Miners ETF in the second quarter worth about $427,000. Smith Moore & CO. lifted its position in shares of Sprott Copper Miners ETF by 13.9% in the fourth quarter. Smith Moore & CO. now owns 8,200 shares of the company’s stock worth $285,000 after buying an additional 1,000 shares during the last quarter. Finally, Sprott Inc. acquired a new stake in shares of Sprott Copper Miners ETF in the third quarter worth about $211,000.

Sprott Copper Miners ETF Price Performance

Shares of NASDAQ:COPP opened at $38.19 on Thursday. Sprott Copper Miners ETF has a fifty-two week low of $20.81 and a fifty-two week high of $47.46. The business has a 50-day moving average of $39.78 and a two-hundred day moving average of $37.93. The stock has a market capitalization of $276.11 million, a P/E ratio of 30.50 and a beta of 0.85.

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.