iShares MSCI Europe IMI Index ETF (TSE:XEU) Sets New 1-Year High – What’s Next?

by · The Markets Daily

Shares of iShares MSCI Europe IMI Index ETF (TSE:XEU – Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$37.75 and last traded at C$37.75, with a volume of 1181 shares changing hands. The stock had previously closed at C$37.43.

iShares MSCI Europe IMI Index ETF Price Performance

The stock’s 50-day moving average price is C$37.00 and its two-hundred day moving average price is C$35.84.

About iShares MSCI Europe IMI Index ETF

(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 MSCI Europe Investable Market Index (the Index), net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.

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