Shares of iShares S&P/TSX Capped REIT Index ETF (TSE:XRE – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$17.32 and last traded at C$17.30, with a volume of 35354 shares trading hands. The stock had previously closed at C$17.10.
iShares S&P/TSX Capped REIT Index ETF Trading Up 1.8%
The firm has a fifty day moving average of C$16.76 and a 200 day moving average of C$16.22.
iShares S&P/TSX Capped REIT Index ETF Company Profile
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 Capped REIT Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.
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