iShares S&P/TSX Capped REIT Index ETF (TSE:XRE) Trading 0.9% Higher – Here’s What Happened

Shares of iShares S&P/TSX Capped REIT Index ETF (TSE:XRE – Get Free Report) were up 0.9% during trading on Friday . The stock traded as high as C$16.21 and last traded at C$16.17. Approximately 163,168 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 368,066 shares. The stock had previously closed at C$16.02.

iShares S&P/TSX Capped REIT Index ETF Stock Up 0.9%

The company’s 50 day simple moving average is C$15.93 and its 200 day simple moving average is C$15.81.

About iShares S&P/TSX Capped REIT Index ETF

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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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