Corrado Advisors LLC Buys 1,158 Shares of Sprott Copper Miners ETF (NASDAQ:COPP)

Corrado Advisors LLC increased its stake in shares of Sprott Copper Miners ETF (NASDAQ:COPP) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,128 shares of the company’s stock after purchasing an additional 1,158 shares during the quarter. Corrado Advisors LLC owned about 2.69% of Sprott Copper Miners ETF worth $783,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. SeaCrest Wealth Management LLC acquired a new position in Sprott Copper Miners ETF in the second quarter valued at approximately $772,000. Sparta 24 Ltd. acquired a new position in Sprott Copper Miners ETF in the second quarter valued at approximately $2,543,000. Finally, International Assets Investment Management LLC acquired a new position in Sprott Copper Miners ETF in the third quarter valued at approximately $3,641,000.

Sprott Copper Miners ETF Price Performance

Shares of NASDAQ COPP opened at $24.28 on Friday. The company’s 50 day simple moving average is $24.48 and its 200 day simple moving average is $24.82. Sprott Copper Miners ETF has a fifty-two week low of $20.11 and a fifty-two week high of $28.84. The firm has a market capitalization of $27.19 million, a P/E ratio of 41.36 and a beta of 0.77.

Sprott Copper Miners ETF Profile

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.