iShares S&P/TSX Global Gold Index ETF (TSE:XGD – Get Free Report)’s stock price were up 1.2% during mid-day trading on Wednesday . The stock traded as high as C$62.20 and last traded at C$61.07. Approximately 361,828 shares changed hands during trading, a decline of 32% from the average session volume of 533,269 shares. The stock had previously closed at C$60.36.
iShares S&P/TSX Global Gold Index ETF Trading Up 1.2%
The business has a 50-day moving average of C$53.37 and a two-hundred day moving average of C$54.93.
iShares S&P/TSX Global Gold Index ETF Company Profile
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 Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto. 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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