iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN (NYSEARCA:JJM – Get Free Report)’s share price traded up 0.2% during trading on Monday . The stock traded as high as $57.78 and last traded at $56.50. 13,200 shares were traded during mid-day trading, an increase of 258% from the average session volume of 3,689 shares. The stock had previously closed at $56.41.
iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN Stock Up 0.2 %
The firm has a 50 day moving average of $56.50 and a 200 day moving average of $56.50.
iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN Company Profile
The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.
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