Vanguard S&P 500 Index ETF (TSE:VFV) Sets New 1-Year High – Here’s What Happened
by Michael Walen · The Markets DailyShares of Vanguard S&P 500 Index ETF (TSE:VFV – Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$171.77 and last traded at C$171.75, with a volume of 214405 shares traded. The stock had previously closed at C$170.17.
Vanguard S&P 500 Index ETF Trading Up 1.1%
The business’s fifty day simple moving average is C$168.25 and its two-hundred day simple moving average is C$162.11.
About Vanguard S&P 500 Index ETF
The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.