The stock of iSHARES CORE SP TSX COMP HI DIV IDX ETF (TSE:XEI) hit a new 52-week high and has $21.74 target or 5.00% above today’s $20.70 share price. The 5 months bullish chart indicates low risk for the $429.10 million company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $21.74 price target is reached, the company will be worth $21.46 million 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 1,775 shares traded hands. iSHARES CORE SP TSX COMP HI DIV IDX ETF (TSE:XEI) has risen 8.15% since April 19, 2016 and is uptrending. It has outperformed by 2.82% the S&P500.
More important recent iSHARES CORE SP TSX COMP HI DIV IDX ETF (TSE:XEI) news were published by: Theglobeandmail.com which released: “Three top ETF picks from JC Hood’s John Hood” on September 25, 2015, also Business.Financialpost.com published article titled: “Jonathan Chevreau: Why dividend funds are a smart financial move”, Theglobeandmail.com published: “Three top ETF picks from JC Hood Investment’s John Hood” on October 31, 2014. More interesting news about iSHARES CORE SP TSX COMP HI DIV IDX ETF (TSE:XEI) was released by: Theglobeandmail.com and their article: “The Globe and Mail” with publication date: November 26, 2009.
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