iShares S&P 500 Index Fund CAD Hedged Can’t Burn Your Short Portfolio. Has Another Weak Session

 iShares S&P 500 Index Fund CAD Hedged Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) is a huge mover today! About 34,175 shares traded hands or 10101.49% up from the average. iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) has risen 5.74% since April 21, 2016 and is uptrending. It has outperformed by 0.33% the S&P500.
The move comes after 7 months negative chart setup for the $3.74 billion company. It was reported on Nov, 25 by Barchart.com. We have $23.14 PT which if reached, will make TSE:XSP worth $336.60 million less.

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, Theglobeandmail.com published: “US ETFs: Top picks for Canadian investors” on December 08, 2012. More interesting news about iShares S&P 500 Index Fund CAD Hedged (TSE:XSP) were released by: Marketwired.com and their article: “BlackRock® Canada Announces June Cash Distributions for the iShares® ETFs” published on June 08, 2016 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 $3.74 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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