Shares of iShares S&P/TSX 60 Index ETF (TSE:XIU – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as C$52.64 and last traded at C$52.64, with a volume of 244371 shares traded. The stock had previously closed at C$52.28.
iShares S&P/TSX 60 Index ETF Trading Up 0.1%
The company’s fifty day moving average is C$50.96 and its 200 day moving average is C$49.25.
About iShares S&P/TSX 60 Index ETF
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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