iShares S&P/TSX 60 Index ETF (TSE:XIU) Hits New 12-Month High – Still a Buy?

iShares S&P/TSX 60 Index ETF (TSE:XIUGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$46.05 and last traded at C$46.04, with a volume of 75123 shares changing hands. The stock had previously closed at C$45.86.

iShares S&P/TSX 60 Index ETF Stock Performance

The business’s 50-day simple moving average is C$44.95 and its 200 day simple moving average is C$42.40.

About iShares S&P/TSX 60 Index ETF

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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 60 Index , net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income.

Further Reading

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