Shares of iShares S&P/TSX Capped REIT Index ETF (TSE:XRE – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as C$17.54 and last traded at C$17.48, with a volume of 34144 shares traded. The stock had previously closed at C$17.43.
iShares S&P/TSX Capped REIT Index ETF Stock Down 0.1%
The firm’s fifty day moving average price is C$16.94 and its 200 day moving average price is C$16.39.
iShares S&P/TSX Capped REIT Index ETF Company Profile
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 Capped REIT Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.
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