What’s Propelling ISHARES CORE SP US TOTAL MARKET ETF to Reach All-Time High?

 What's Propelling ISHARES CORE SP US TOTAL MARKET ETF to Reach All Time High?

The stock of ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) reached all time high today, Nov, 23 and still has $24.79 target or 7.00% above today’s $23.17 share price. This indicates more upside for the $71.42M company. This technical setup was reported by Barchart.com. If the $24.79 PT is reached, the company will be worth $5.00M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 26,025 shares traded hands or 506.93% up from the average. ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) has risen 13.27% since April 22, 2016 and is uptrending. It has outperformed by 7.95% 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, Theglobeandmail.com published: “New ETF offers Canadians unhedged exposure to US dividend stocks” on February 17, 2015. More interesting news about ISHARES CORE SP US TOTAL MARKET ETF (TSE:XUU) were released by: Businesswire.com and their article: “BlackRock Announces Share Splits for iShares ETFs” published on June 27, 2016 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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