iShares S&P/TSX 60 Index ETF (TSE:XIU) Shares Down 0.2% – Should You Sell?

Shares of iShares S&P/TSX 60 Index ETF (TSE:XIU) fell 0.2% during mid-day trading on Wednesday . The company traded as low as C$38.77 and last traded at C$39.05. 1,866,015 shares changed hands during trading, a decline of 38% from the average session volume of 2,991,010 shares. The stock had previously closed at C$39.13.

iShares S&P/TSX 60 Index ETF Stock Performance

The company’s 50 day moving average is C$38.21 and its 200 day moving average is C$37.07.

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.