Shares of iShares Gold Bullion ETF (CAD-Hedged) (TSE:CGL – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$21.96 and traded as high as C$23.05. iShares Gold Bullion ETF (CAD-Hedged) shares last traded at C$23.02, with a volume of 150,634 shares trading hands.
iShares Gold Bullion ETF (CAD-Hedged) Trading Up 1.0 %
The company’s fifty day moving average is C$21.96 and its two-hundred day moving average is C$21.20.
iShares Gold Bullion ETF (CAD-Hedged) Company Profile
The investment objective of the Fund is to replicate the performance of the price of physical gold bullion, less the Funds fees and expenses. To achieve the fund’s objective the investment strategy of the Fund is to invest in long-term holdings of unencumbered gold bullion, in 100 or 400 troy ounce international bar sizes and to not speculate with regard to short-term changes in gold bullion prices.
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