The stock of Horiz. Beta. S&P TSX Cp. Fin. Bear (ETF) (TSE:HFD) is a huge mover today! About 14,500 shares traded hands. Horiz. Beta. S&P TSX Cp. Fin. Bear (ETF) (TSE:HFD) has declined 23.92% since April 12, 2016 and is downtrending. It has underperformed by 28.60% the S&P500.
The move comes after 8 months positive chart setup for the $12.88 million company. It was reported on Nov, 16 by Barchart.com. We have $18.70 PT which if reached, will make TSE:HFD worth $19.32M more.
Horizons BetaPro S&P/TSX Capped Financials Bear Plus ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavor to correspond to two times (200%) the daily performance of the S&P/TSX Capped Financials Index. The ETF has a market cap of $12.88 million. In order to achieve its objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. It currently has negative earnings. Assets not invested in financial instruments or equity securities may be invested in debt instruments or money market instruments with a term not to exceed 365 days, or reverse repurchase agreements with a term not to exceed 30 days.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.