iShares MSCI Europe IMI Index ETF (TSE:XEU) Stock Price Up 0.2% – Should You Buy?

iShares MSCI Europe IMI Index ETF (TSE:XEU)’s stock price shot up 0.2% during trading on Tuesday . The stock traded as high as C$37.20 and last traded at C$37.20. 1,708 shares changed hands during trading, a decline of 85% from the average session volume of 11,144 shares. The stock had previously closed at C$37.12.

iShares MSCI Europe IMI Index ETF Trading Up 0.2%

The firm has a 50-day moving average of C$36.84 and a 200 day moving average of C$35.65.

About iShares MSCI Europe IMI 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 MSCI Europe Investable Market 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.