iPath Series B Bloomberg Tin Subindex Total Return ETN (JJT)
iPath Series B Bloomberg Tin 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 $82.53, up 0.00% on the session, giving a market capitalisation of $3.9M. Its beta of 0.94 implies it has historically moved less than the broad market.
This Exchange Traded Note (ETN) provides investors with exposure to the performance of futures contracts on a specific commodity, rather than through direct ownership of the physical asset itself. The ETN's underlying index is composed of one or more futures contracts related to that commodity. Its objective is to reflect the potential returns achievable from two sources: first, an unleveraged investment in these futures contracts, and second, the interest income earned on cash collateral that is invested in particular Treasury Bills.
iPath Series B Bloomberg Tin Subindex Total Return ETN is most often compared with the following Financial Services names: