iShares S&P/TSX 60 Index ETF (TSE:XIU) Sets New 12-Month High – Time to Buy?

iShares S&P/TSX 60 Index ETF (TSE:XIUGet Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as C$38.44 and last traded at C$38.44, with a volume of 158390 shares traded. The stock had previously closed at C$38.30.

iShares S&P/TSX 60 Index ETF Stock Up 0.2 %

The firm has a 50 day simple moving average of C$37.01 and a two-hundred day simple moving average of C$35.05.

iShares S&P/TSX 60 Index ETF Company Profile

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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.

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