Market Tracker

06/24 5:16pm ET

iPath® Pure Beta Precious Metals ETN (BLNG)

34.81
Delayed Data
As of Jun 24
 +1.30 / +3.88%
Today’s Change
29.59
Today|||52-Week Range
34.81
+16.66%
Year-to-Date

Investment Objective

The iPath ® Pure Beta Precious Metals ETN is designed to provide investors with exposure to the Barclays Commodity Index Precious Metals Pure Beta Total Return. The Barclays Commodity Index Precious Metals Pure Beta Total Return (the "Index") is a sub-Index of the Barclays Commodity Index Pure Beta Total Return and reflects the returns that are potentially available through an unleveraged investment in two futures contracts on precious metal commodities traded on U.S. exchanges. For each commodity, the Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Pure Beta Series 2 Methodology.

What is Volatility and why is Brexit Causing It?
Jun 24 / Zacks.com - Paid Partner Content
Why Whiting Petroleum, Finish Line, and iPath S&P 500 VIX Short-Term Futures ETN Slum...
Jun 23 / MotleyFool.com - Paid Partner Content
UK Votes for Brexit: ETFs Winners & Losers
Jun 24 / Zacks.com - Paid Partner Content
5 Leveraged ETFs That Will Move on Brexit Results
Jun 23 / Zacks.com - Paid Partner Content
Brexit Panic: 7 Ways to Trade the Vote
Jun 24 / Zacks.com - Paid Partner Content
Will Britain Leave or Remain EU? ETFs in Focus on D-Day
Jun 23 / Zacks.com - Paid Partner Content

Performance

1 month+7.71% 3 years-1.21%
3 months+9.49% 5 years-6.11%
1 year+11.12% Since inception-6.75%
Data through 06/25/2016

Quote Details

Previous close$33.51
Open day’s range34.81 – 34.81
Net asset value (NAV)34.81 (06/24/2016)
Daily volume600
Average volume (3 months)20,518
Data as of 3:31pm ET, 06/24/2016

Peer Comparisonvs. Commodities precious metals ETFs

 BLNGCategory
Performance 5-yr return-6.11%-10.05%
Expense Gross exp ratio0.75%0.57%
Risk 5 year sharpe ratio-0.32-0.34
Net assets$1.7M$2.2B
Average market cap--$3.3B
Average P/E----
Dividend / Share--0.15%

Competitors

SIVR ETFS Physical Silver Shares
PALL ETFS Physical Palladium Shares
SLV iShares Silver Trust

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.