Hamilton Enhanced Canadian Bank ETF (TSE:HCAL) Hits New 12-Month High – Should You Buy?

Hamilton Enhanced Canadian Bank ETF (TSE:HCALGet 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

(Get Free Report)

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.

Read More

Receive News & Ratings for Hamilton Enhanced Canadian Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hamilton Enhanced Canadian Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.