iPath Series B Bloomberg Tin Subindex Total Return ETN (NYSEARCA:JJT) Trading Down 0.2% – Here’s Why

iPath Series B Bloomberg Tin Subindex Total Return ETN (NYSEARCA:JJTGet Free Report)’s stock price fell 0.2% during trading on Monday . The company traded as low as $82.54 and last traded at $82.54. 100 shares were traded during trading, a decline of 88% from the average session volume of 826 shares. The stock had previously closed at $82.67.

iPath Series B Bloomberg Tin Subindex Total Return ETN Stock Performance

The stock’s 50-day moving average is $82.54 and its 200 day moving average is $82.54.

About iPath Series B Bloomberg Tin Subindex Total Return ETN

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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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