Sprott Junior Copper Miners ETF (NASDAQ:COPJ) Trading Down 0.2% – Time to Sell?

Sprott Junior Copper Miners ETF (NASDAQ:COPJ)’s stock price fell 0.2% during trading on Tuesday . The company traded as low as $37.19 and last traded at $38.25. 25,906 shares traded hands during mid-day trading, an increase of 34% from the average session volume of 19,332 shares. The stock had previously closed at $38.33.

Sprott Junior Copper Miners ETF Stock Down 0.2%

The firm has a market cap of $32.51 million, a price-to-earnings ratio of 11.67 and a beta of 0.83. The business has a 50 day moving average price of $34.93 and a 200-day moving average price of $28.75.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new stake in shares of Sprott Junior Copper Miners ETF in the third quarter worth $204,000. Synergy Asset Management LLC purchased a new position in shares of Sprott Junior Copper Miners ETF during the 3rd quarter valued at $376,000. Envestnet Asset Management Inc. acquired a new position in shares of Sprott Junior Copper Miners ETF in the third quarter worth $390,000. PNC Financial Services Group Inc. purchased a new stake in shares of Sprott Junior Copper Miners ETF during the third quarter worth $783,000. Finally, HighTower Advisors LLC boosted its position in Sprott Junior Copper Miners ETF by 35.7% during the first quarter. HighTower Advisors LLC now owns 42,195 shares of the company’s stock valued at $854,000 after purchasing an additional 11,090 shares during the last quarter.

About Sprott Junior Copper Miners ETF

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.