iShares S&P/TSX Capped Energy Index ETF (TSE:XEG) Shares Up 3.1% – Time to Buy?

iShares S&P/TSX Capped Energy Index ETF (TSE:XEGGet Free Report) shares shot up 3.1% during mid-day trading on Friday . The stock traded as high as C$18.25 and last traded at C$18.17. 4,091,567 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 2,184,750 shares. The stock had previously closed at C$17.62.

iShares S&P/TSX Capped Energy Index ETF Price Performance

The company has a 50-day simple moving average of C$16.08 and a 200-day simple moving average of C$16.81.

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