iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN (JJM) |
| 56.5 0.09 (0.16%) 06-08 10:10 |
| Open: | 56.4 |
| High: | 57.78 |
| Low: | 55.75 |
| Volume: | 13,211 |
| Market Cap: | 7(M) |
| PE Ratio: | 0 |
| Exchange: | New York Stock Exchange Arca |
| Industry: | Asset Management |
| Sector: | Financial Services |
| Technical analysis | ||||
| sell | buy | |||
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| 52w High: | 69.62 |
| 52w Low: | 54.67 |
This Exchange Traded Note (ETN) offers investors exposure to the price movements of industrial metals through futures contracts, not by holding the actual physical commodities directly. The underlying index, which the ETN tracks, is built from one or more futures contracts on these specific metals. It aims to replicate the total return achievable from two sources: (1) a straightforward investment in these futures positions, and (2) the interest yield generated from cash reserves allocated to certain U.S. Treasury Bills.
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