iShares Canadian Financial Monthly Income ETF Common Class (TSE:FIE) Shares Up 0.1% – Here’s What Happened
by Danessa Lincoln · The Markets DailyiShares Canadian Financial Monthly Income ETF Common Class (TSE:FIE – Get Free Report) shares were up 0.1% on Tuesday . The stock traded as high as C$9.85 and last traded at C$9.84. Approximately 110,430 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 138,982 shares. The stock had previously closed at C$9.83.
iShares Canadian Financial Monthly Income ETF Common Class Stock Up 0.6%
The company has a fifty day moving average of C$9.82 and a two-hundred day moving average of C$9.71.
About iShares Canadian Financial Monthly Income ETF Common Class
The investment objective of the Fund is to maximize total return for investors, consisting of distributions and capital appreciation. To achieve funds objective the investment strategy of the Fund is to invest its net assets, together with borrowings under its loan facility, in a portfolio consisting primarily of common shares, preferred shares, corporate bonds and income trust units of issuers in the Canadian financial sector.