Purpose Canadian Financial Income Fund Series ETF (TSE:BNC – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$31.50 and last traded at C$31.45, with a volume of 397 shares trading hands. The stock had previously closed at C$31.44.
Purpose Canadian Financial Income Fund Series ETF Price Performance
The company’s 50-day simple moving average is C$29.95 and its 200-day simple moving average is C$28.43.
Purpose Canadian Financial Income Fund Series ETF Company Profile
The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis).
Featured Stories
- Five stocks we like better than Purpose Canadian Financial Income Fund Series ETF
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- How The Weak Dollar Is Fueling These Global Stock Surges
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- 3 Recession-Ready Stocks That Thrive When the Economy Sputters
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- 3 Automation-Focused Stocks Flying Under the Radar
Receive News & Ratings for Purpose Canadian Financial Income Fund Series ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purpose Canadian Financial Income Fund Series ETF and related companies with MarketBeat.com's FREE daily email newsletter.
