iShares S&P/TSX 60 Index ETF (TSE:XIU – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as C$52.95 and last traded at C$52.85, with a volume of 344354 shares traded. The stock had previously closed at C$52.69.
iShares S&P/TSX 60 Index ETF Price Performance
The business’s 50 day simple moving average is C$51.29 and its 200 day simple moving average is C$49.49.
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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