iPath Series B Bloomberg Copper Subindex Total Return ETN (JJC)
iPath Series B Bloomberg Copper Subindex Total Return ETN operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $19.56, up 1.24% on the session, giving a market capitalisation of $38.5M. Its beta of 0.71 implies it has historically moved less than the broad market.
This Exchange Traded Note (ETN) offers investors exposure to the copper market via futures contracts, not through direct ownership of the physical commodity. The benchmark index it tracks is composed of various copper futures agreements. This index is designed to reflect the total returns that could be achieved from two components: an unmargined investment in those futures contracts, alongside the interest yield generated by cash collateral held in specific U.S. Treasury Bills.
iPath Series B Bloomberg Copper Subindex Total Return ETN is most often compared with the following Financial Services names: