iShares S&P/TSX 60 Index ETF (TSE:XIU – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$52.58 and last traded at C$51.95, with a volume of 7490375 shares trading hands. The stock had previously closed at C$52.27.
iShares S&P/TSX 60 Index ETF Trading Down 0.6%
The company has a 50 day simple moving average of C$50.42 and a 200-day simple moving average of C$48.75.
iShares S&P/TSX 60 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 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. The Index is comprised of 60 of the largest by market capitalization and most liquid constituents of the S&P/TSX Composite Index. Sectors are intended to mirror sector weights of the S&P/TSX Composite Index To achieve its investment objective the Fund uses an indexing strategy.
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