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

Corrado Advisors LLC boosted its holdings in Sprott Copper Miners ETF (NASDAQ:COPP) by 4.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,128 shares of the company’s stock after purchasing an additional 1,158 shares during the period. Corrado Advisors LLC’s holdings in Sprott Copper Miners ETF were worth $783,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new position in Sprott Copper Miners ETF in the third quarter valued at $3,641,000. Sparta 24 Ltd. bought a new position in shares of Sprott Copper Miners ETF in the 2nd quarter valued at about $2,543,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of Sprott Copper Miners ETF in the 2nd quarter valued at about $772,000.

Sprott Copper Miners ETF Price Performance

Shares of COPP opened at $24.28 on Friday. The firm has a 50-day moving average of $24.48 and a 200-day moving average of $24.82. Sprott Copper Miners ETF has a one year low of $20.11 and a one year high of $28.84. The company has a market cap of $27.19 million, a PE ratio of 41.36 and a beta of 0.77.

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.