iShares S&P/TSX 60 Index ETF (TSE:XIU – Get Free Report)’s stock price were down 1.4% during trading on Friday. The company traded as low as C$53.32 and last traded at C$53.78. Approximately 5,674,665 shares changed hands during trading, an increase of 39% from the average daily volume of 4,091,727 shares. The stock had previously closed at C$54.54.
iShares S&P/TSX 60 Index ETF Stock Performance
The business has a 50-day moving average price of C$53.50 and a two-hundred day moving average price of C$51.14.
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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