Hamilton Enhanced Canadian Bank ETF (TSE:HCAL – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$34.39 and last traded at C$34.39, with a volume of 31652 shares trading hands. The stock had previously closed at C$33.92.
Hamilton Enhanced Canadian Bank ETF Stock Performance
The business’s 50-day moving average is C$32.68 and its 200-day moving average is C$29.63.
About Hamilton Enhanced Canadian Bank ETF
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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