Fund BasicsSee More
- Fund Family iPath
- Assets Under Management 21,068,200
- Shares Outstanding, K 330
- 60-Month Beta 0.71
- Price/Earnings ttm 0.00
- Annual Dividend & Yield N/A
- Most Recent Dividend N/A
- Management Fee 0.45%
|Period||Period Low||Period High||Performance|
| || |
+9.63 (+17.59%)since 01/22/21
| || |
+14.18 (+28.26%)since 11/24/20
| || |
+24.47 (+61.34%)since 02/24/20
The red metal is heading for a consecutive eleventh monthly rise in February on expectations that post-crisis demand will outstrip near-term supply.
Global vaccine distribution and hopes of fatter fiscal stimulus in the United States have boosted economic growth prospect, which in turn, has favored the industrial metal prices in the recent sessions....
Super-easy monetary policy, soft U.S. dollar, fiscal stimulus and vaccine rollout will likely boost commodities ETFs in 2021.
Wall Street has been on a rallying mode in recent sessions on upbeat vaccine data and recovering global manufacturing activities.
Wall Street hit several fresh highs in August as investors rotated into the beaten-down segments of the year ??? cyclicals.
Copper prices will likely gain further on China???s manufacturing sector rebound and policy easing.
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.
Coronavirus outbreak puts these ETF areas in winning and losing positions.
The global market has been rallying hard since October. Investors can thus bet on these high-flying ETFs.
|iPath Series B Bloomberg Copper Subindex Total Return<sup>SM</sup> ETN||0.00%|
|3rd Resistance Point||66.72|
|2nd Resistance Point||65.32|
|1st Resistance Point||64.58|
|1st Support Level||62.44|
|2nd Support Level||61.04|
|3rd Support Level||60.30|