SSGA Inverse Copper Futures ETN logo

SSGA Inverse Copper Futures ETN (530096)

Market Closed
11 Aug, 06:30
KRX SM KRX SM
6,300. 00
+30
+0.4785%
- Market Cap
- Div Yield
10 Volume
6,270
Previous Close
Add Transaction
Day Range
6,270 6,300
Year Range
6,150 9,300
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Summary

530096 closed today higher at ₩6,300, an increase of 0.4785% from yesterday's close, completing a monthly decrease of -5.7592% or -₩385. Over the past 12 months, 530096 stock lost -13.4021%.
530096 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

530096 Chart

SSGA Inverse Copper Futures ETN (530096) FAQ

What is the stock price today?

The current price is ₩6,300.00.

On which exchange is it traded?

SSGA Inverse Copper Futures ETN is listed on KRX SM.

What is its stock symbol?

The ticker symbol is 530096.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has SSGA Inverse Copper Futures ETN ever had a stock split?

No, there has never been a stock split.

SSGA Inverse Copper Futures ETN Profile

KRX SM Exchange
South Korea Country

Overview

The SSGA Inverse Copper Futures ETN, issued by State Street Global Advisors, is a financial vehicle designed to offer investors exposure to the inverse performance of copper futures. This exchange-traded note (ETN) is targeted towards investors seeking to hedge against or benefit from the declines in the prices of copper, a vital industrial metal. The performance of this ETN is directly tied to copper futures and is influenced by various market factors including global demand, supply constraints, and broader economic indicators. As copper prices often reflect the health of the global economy, being able to invest in their inverse performance allows investors a unique approach to risk management and speculation within their portfolios.

Products and Services

  • Inverse Copper Futures Exposure

    This product provides investors with exposure to the inverse performance of the copper futures market. It is designed for those looking to capitalize on or hedge against the declines in the price of copper. By inversely mirroring the price movements of copper futures, this ETN allows investors to potentially benefit from downward trends in the copper market without the need for direct investment in futures contracts.

  • Risk Management Tool

    As part of a broader investment strategy, the SSGA Inverse Copper Futures ETN serves as a critical risk management tool. Investors worried about the potential for rising copper prices negatively impacting their portfolio can use this ETN to offset that risk. In essence, it provides a hedging mechanism against copper price volatility and economic downturns linked to the commodity's performance.

  • Commodities Market Engagement

    This ETN is an accessible option for investors aiming to engage with the commodities market, particularly with copper, without delving into the complexities and requirements of direct futures trading. It simplifies the process, making commodity investment more accessible to a broader audience. The SSGA Inverse Copper Futures ETN targets those interested in economic cycles, commodity trading, and leveraging copper's significance in the industrial sector to make informed investment decisions.

Contact Information

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