iShares MSCI Min Vol EAFE Index ETF (TSE:XMI) Stock Price Up 0.5% – Time to Buy?

by · The Markets Daily

iShares MSCI Min Vol EAFE Index ETF (TSE:XMI – Get Free Report) shares were up 0.5% on Friday . The company traded as high as C$45.67 and last traded at C$45.66. Approximately 1,019 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 2,736 shares. The stock had previously closed at C$45.45.

iShares MSCI Min Vol EAFE Index ETF Trading Up 0.5%

The stock’s 50-day simple moving average is C$45.47 and its 200 day simple moving average is C$44.67.

About iShares MSCI Min Vol EAFE 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 EAFE Minimum Volatility Index (USD) (the Index), net of expenses. Under normal market conditions, the Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock Canada or an affiliate (iShares ETFs) and/or international equity securities. The Index aims to reflect the performance characteristics of a minimum volatility strategy applied to the large- and mid-cap securities in the MSCI EAFE index.

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