iShares S&P/TSX 60 Index ETF (TSE:XIU – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday. The company traded as high as C$55.00 and last traded at C$54.76, with a volume of 180,571 shares changing hands. The stock had previously closed at C$54.77.
iShares S&P/TSX 60 Index ETF Stock Performance
The firm has a 50 day moving average price of C$53.47 and a two-hundred day moving average price of C$51.22.
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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