A Reversal for iShares S&P 500 Index Fund CAD Hedged Is Not Near. The Stock Rises Again

 A Reversal for iShares S&P 500 Index Fund CAD Hedged Is Not Near. The Stock Rises Again

The stock of iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) is a huge mover today! About 79,170 shares traded hands or 23890.91% up from the average. iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) has risen 5.87% since April 8, 2016 and is uptrending. It has outperformed by 0.89% the S&P500.
The move comes after 5 months positive chart setup for the $3.62 billion company. It was reported on Nov, 14 by Barchart.com. We have $39.67 PT which if reached, will make TSE:XSP worth $2.14 billion more.

More notable recent iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) news were published by: Fool.ca which released: “Trim Your iShares S&P/TSX 60 Index Fund: Buy This Global ETF With Proceeds” on September 09, 2016, also Fool.ca with their article: “3 Reasons Why Now Is the Time to Own the S&P 500” published on November 07, 2016, Marketwired.com published: “BlackRock® Canada Announces June Cash Distributions for the iShares® ETFs” on June 08, 2016. More interesting news about iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) were released by: Theglobeandmail.com and their article: “US ETFs: Top picks for Canadian investors” published on December 08, 2012 as well as Theglobeandmail.com‘s news article titled: “Three top ETFs from JC Hood’s John Hood” with publication date: January 19, 2016.

iShares S&P 500 Index Fund (XSP) seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P 500 Hedged to Canadian Dollars Index, net of expenses. The company has a market cap of $3.62 billion. The Index is a market capitalization-weighted index of securities of 500 of the largest United States public issuers provided by S&P, hedged to Canadian dollars. It currently has negative earnings. XSP invests in sectors, including information technology, financials, health care, consumer staples, energy, consumer discretionary, industrials, utilities, materials and telecommunication services.

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