The stock of Hor. Beta. S&P TSX Cap. En. Bull (ETF) (TSE:HEU) is a huge mover today! About 32,975 shares traded hands. Hor. Beta. S&P TSX Cap. En. Bull (ETF) (TSE:HEU) has risen 24.69% since April 25, 2016 and is uptrending. It has outperformed by 19.43% the S&P500.
The move comes after 6 months negative chart setup for the $17.64M company. It was reported on Nov, 29 by Barchart.com. We have $10.42 PT which if reached, will make TSE:HEU worth $1.41 million less.
Horizons BetaPro S&P/TSX Capped Energy Bull 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 Energy Index. The ETF has a market cap of $17.64 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.
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