iShares Canadian Financial Monthly Income ETF Common Class (TSE:FIE – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$11.47 and last traded at C$11.47, with a volume of 18814 shares traded. The stock had previously closed at C$11.45.
iShares Canadian Financial Monthly Income ETF Common Class Trading Down 0.2%
The company has a fifty day moving average price of C$10.88 and a two-hundred day moving average price of C$10.28.
About iShares Canadian Financial Monthly Income ETF Common Class
The investment objective of the Fund is to maximize total return for investors, consisting of distributions and capital appreciation. To achieve funds objective the investment strategy of the Fund is to invest its net assets, together with borrowings under its loan facility, in a portfolio consisting primarily of common shares, preferred shares, corporate bonds and income trust units of issuers in the Canadian financial sector.
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