iShares S&P/TSX 60 Index ETF (TSE:XIU) Shares Cross Below 50 Day Moving Average – Here’s What Happened

iShares S&P/TSX 60 Index ETF (TSE:XIU) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$38.31 and traded as low as C$37.24. iShares S&P/TSX 60 Index ETF shares last traded at C$37.74, with a volume of 5,596,888 shares changing hands.

iShares S&P/TSX 60 Index ETF Trading Up 1.2 %

The company’s 50-day simple moving average is C$38.31 and its two-hundred day simple moving average is C$37.33.

About iShares S&P/TSX 60 Index ETF

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.