iShares S&P/TSX 60 Index ETF (TSE:XIU) Reaches New 1-Year High – Still a Buy?

iShares S&P/TSX 60 Index ETF (TSE:XIUGet Free Report) reached a new 52-week high on Thursday . The company traded as high as C$46.72 and last traded at C$46.65, with a volume of 656165 shares traded. The stock had previously closed at C$46.57.

iShares S&P/TSX 60 Index ETF Stock Performance

The stock has a 50 day simple moving average of C$45.35 and a two-hundred day simple moving average of C$42.92.

About iShares S&P/TSX 60 Index ETF

(Get Free Report)

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index , net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income.

Further Reading

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