iShares S&P/TSX 60 Index ETF (TSE:XIU) Hits New 52-Week High – Time to Buy?

by · The Cerbat Gem

Shares of iShares S&P/TSX 60 Index ETF (TSE:XIU – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$47.02 and last traded at C$46.99, with a volume of 337258 shares. The stock had previously closed at C$46.67.

iShares S&P/TSX 60 Index ETF Trading Up 0.9%

The firm has a fifty day moving average price of C$45.51 and a 200 day moving average price of C$43.19.

iShares S&P/TSX 60 Index ETF Company Profile

(Get Free Report)

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.

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