iShares S&P/TSX 60 Index ETF (TSE:XIU) Reaches New 52-Week High – Should You Buy?

iShares S&P/TSX 60 Index ETF (TSE:XIUGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$45.78 and last traded at C$45.78, with a volume of 511081 shares trading hands. The stock had previously closed at C$45.44.

iShares S&P/TSX 60 Index ETF Stock Performance

The stock has a 50 day moving average of C$44.62 and a 200-day moving average of C$41.91.

iShares S&P/TSX 60 Index ETF Company Profile

(Get Free Report)

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.

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