iShares S&P/TSX 60 Index ETF (TSE:XIU) Hits New 1-Year High – Here’s What Happened

iShares S&P/TSX 60 Index ETF (TSE:XIU) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$38.58 and last traded at C$38.54, with a volume of 1138498 shares traded. The stock had previously closed at C$38.40.

iShares S&P/TSX 60 Index ETF Stock Performance

The company has a 50-day simple moving average of C$37.11 and a 200-day simple moving average of C$35.13.

About iShares S&P/TSX 60 Index ETF

iShares S&P/TSX 60 Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of 60 of the largest (by market capitalization) and liquid securities listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.