iShares Canadian Financial Monthly Income ETF Common Class (TSE:FIE) Trading 0.2% Higher – Here’s What Happened

iShares Canadian Financial Monthly Income ETF Common Class (TSE:FIEGet Free Report) shares traded up 0.2% during mid-day trading on Thursday . The stock traded as high as C$9.40 and last traded at C$9.38. 168,386 shares traded hands during mid-day trading, an increase of 29% from the average session volume of 130,894 shares. The stock had previously closed at C$9.36.

iShares Canadian Financial Monthly Income ETF Common Class Price Performance

The firm has a 50 day moving average price of C$9.23 and a 200-day moving average price of C$8.78.

iShares Canadian Financial Monthly Income ETF Common Class Company Profile

(Get Free Report)

The investment objective of the Fund is to maximize total return for investors, consisting of distributions and capital appreciation. To achieve funds objective the investment strategy of the Fund is to invest its net assets, together with borrowings under its loan facility, in a portfolio consisting primarily of common shares, preferred shares, corporate bonds and income trust units of issuers in the Canadian financial sector.

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