Traders Purchase High Volume of iPath Bloomberg Copper Subindex Total Return Sub-Index ETN Call Options (JJC)

iPath Bloomberg Copper Subindex Total Return Sub-Index ETN (NYSEARCA:JJC) was the target of unusually large options trading activity on Tuesday. Investors acquired 1,151 call options on the stock. This represents an increase of approximately 2,202% compared to the typical volume of 50 call options.

An institutional investor recently bought a new position in iPath Bloomberg Copper Subindex Total Return Sub-Index ETN stock. Barometer Capital Management Inc. purchased a new position in shares of iPath Bloomberg Copper Subindex Total Return Sub-Index ETN (NYSEARCA:JJC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,600 shares of the exchange traded fund’s stock, valued at approximately $2,033,000.

Shares of iPath Bloomberg Copper Subindex Total Return Sub-Index ETN (NYSEARCA:JJC) opened at $37.67 on Friday. iPath Bloomberg Copper Subindex Total Return Sub-Index ETN has a 12 month low of $27.93 and a 12 month high of $37.88.

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