|Bid||33.00 x 800|
|Ask||44.05 x 1000|
|Day's Range||37.73 - 39.46|
|52 Week Range||37.73 - 45.84|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-8.11%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.45%|
Increased sell-off of copper is being observed as China's appetite for the commodity is expected to fall due to the aggravating coronavirus eruption.
The iPath Series B Bloomberg Copper Subindex Total Return ETN (JJC A) jumped nearly 5% in October, good for one of the best performances among industrial metals exchange traded products, but investors may want to be careful about joining the copper party right now.
The global copper market is experiencing a supply deficit, which, in theory, should boost prices of the red industrial metal. However, the reality is that the iPath Series B Bloomberg Copper Subindex Total Return ETN (JJC A) may need more help than just supply shortfalls.
Barclays Bank PLC announced a temporary reduction of the minimum early redemption size of certain series of ETNs as specified in the table below .
As measured by the iPath B Bloomberg Copper Total Return ETN (NYSE: JJC), copper is doing pretty well this year. The Global X Copper Miners ETF (NYSE: COPX), which turns nine years old in a couple of weeks, is higher by nearly 17 percent year to date. COPX follows the Solactive Global Copper Miners Total Return Index.