The stock of ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) hit a new 52-week high and has $64.75 target or 184.00% above today’s $22.80 share price. The 9 months bullish chart indicates low risk for the $70.65 million company. The 1-year high was reported on Nov, 15 by Barchart.com. If the $64.75 price target is reached, the company will be worth $130.00M 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 4,228 shares traded hands or 3.30% up from the average. ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) has risen 11.12% since April 14, 2016 and is uptrending. It has outperformed by 7.19% the S&P500.
More notable recent ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) news were published by: Nasdaq.com which released: “iShares Core S&P Total U.S. Stock Market ETF Experiences Big Inflow” on November 09, 2016, also Seekingalpha.com with their article: “BlackRock Throws Down The Gauntlet With An Upgraded Total U.S. Market ETF” published on November 12, 2015, Businesswire.com published: “BlackRock Announces Share Splits for iShares ETFs” on June 27, 2016. More interesting news about ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) were released by: Theglobeandmail.com and their article: “New ETF offers Canadians unhedged exposure to US dividend stocks” published on February 17, 2015 as well as Businesswire.com‘s news article titled: “BlackRock Announces Changes to iShares Core for Buy-and-Hold Investors” with publication date: November 10, 2015.
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