The stock of iSHARES US SMALL CAP INDEX ETF (TSE:XSU) hit a new 52-week high and has $36.72 target or 35.00% above today’s $27.20 share price. The 5 months bullish chart indicates low risk for the $223.77M company. The 1-year high was reported on Nov, 11 by Barchart.com. If the $36.72 price target is reached, the company will be worth $78.32M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 83,175 shares traded hands or 110.79% up from the average. iSHARES US SMALL CAP INDEX ETF (TSE:XSU) has risen 14.82% since April 7, 2016 and is uptrending. It has outperformed by 8.68% the S&P500.
More important recent iSHARES US SMALL CAP INDEX ETF (TSE:XSU) news were published by: Fool.com which released: “4 Top Small-Cap ETFs: Which Is Right For You?” on November 28, 2015, also Fool.com published article titled: “Best Small-Cap ETFs”, Etftrends.com published: “Sector ETFs for the Late Business Cycle” on November 25, 2015. More interesting news about iSHARES US SMALL CAP INDEX ETF (TSE:XSU) was released by: Fool.com and their article: “iShares ETF: Top Choices for Your Portfolio” with publication date: September 26, 2016.
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