Vanguard S&P 500 Index ETF (TSE:VFV) Shares Break Above Fifty Day Moving Average – Here’s Why

Vanguard S&P 500 Index ETF (TSE:VFV – Get Free Report) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$191.49 and traded as high as C$193.30. Vanguard S&P 500 Index ETF shares last traded at C$192.64, with a volume of 211,776 shares trading hands.

Vanguard S&P 500 Index ETF Stock Up 1.7%

The company’s 50 day moving average price is C$191.49 and its two-hundred day moving average price is C$180.88.

About Vanguard S&P 500 Index ETF

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The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.

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