Shares of iShares S&P/TSX Capped REIT Index ETF (TSE:XRE – Get Free Report) were up 0.5% during mid-day trading on Friday . The company traded as high as C$16.78 and last traded at C$16.75. 402,629 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 307,219 shares. The stock had previously closed at C$16.66.
iShares S&P/TSX Capped REIT Index ETF Stock Up 0.5%
The business has a fifty day moving average of C$17.10 and a 200 day moving average of C$16.51.
About iShares S&P/TSX Capped REIT 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 Capped REIT 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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