iShares Canadian Financial Monthly Income ETF Common Class (TSE:FIE – Get Free Report)’s share price were up 0.3% on Tuesday . The stock traded as high as C$11.55 and last traded at C$11.50. 184,429 shares changed hands during trading, an increase of 41% from the average session volume of 130,760 shares. The stock had previously closed at C$11.47.
iShares Canadian Financial Monthly Income ETF Common Class Stock Down 0.2%
The firm has a 50 day moving average of C$11.22 and a 200-day moving average of C$10.46.
iShares Canadian Financial Monthly Income ETF Common Class Company Profile
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.
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