Hamilton Enhanced Canadian Bank ETF (TSE:HCAL – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$33.14 and last traded at C$33.13, with a volume of 24518 shares. The stock had previously closed at C$32.80.
Hamilton Enhanced Canadian Bank ETF Trading Up 1.2%
The company has a 50 day moving average price of C$31.83 and a 200 day moving average price of C$28.57.
Hamilton Enhanced Canadian Bank ETF Company Profile
The investment objective of HCAL is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, variable-weight Canadian bank index. HCAL will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Solactive Canadian Bank Mean Reversion Index in order to track approximately 1.25x the performance of such Index.
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