Vanguard S&P 500 Index ETF (TSE:VFV) Trading Up 2.1% – Here’s Why

Shares of Vanguard S&P 500 Index ETF (TSE:VFV) were up 2.1% on Wednesday . The company traded as high as C$166.84 and last traded at C$166.40. Approximately 385,958 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 357,130 shares. The stock had previously closed at C$163.00.

Vanguard S&P 500 Index ETF Price Performance

The stock’s fifty day moving average is C$164.42 and its two-hundred day moving average is C$166.65.

About Vanguard S&P 500 Index ETF

The investment objective of Vanguard S&P 500 Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Index (the Index). The Index is a market capitalization-weighted index that is designed to represent the returns of large-capitalization U.S. stocks. To achieve its investment objective, the ETF employs a passive management, or indexing, investment approach designed to track the performance of the Index by investing primarily in a U.S.-domiciled fund managed by The Vanguard Group, Inc hat seeks to track the Index.