What Will Happen to Hor. Bta. S&P TSX Cap. En. Br. Pl. (ETF) Next? The Stock Just Declined A Lot

 What Will Happen to Hor. Bta. S&P TSX Cap. En. Br. Pl. (ETF) Next? The Stock Just Declined A Lot

The stock of Hor. Bta. S&P TSX Cap. En. Br. Pl. (ETF) (TSE:HED) is a huge mover today! About 58,607 shares traded hands or 46.31% up from the average. Hor. Bta. S&P TSX Cap. En. Br. Pl. (ETF) (TSE:HED) has declined 27.02% since April 26, 2016 and is downtrending. It has underperformed by 32.24% the S&P500.
The move comes after 5 months negative chart setup for the $5.55 million company. It was reported on Nov, 30 by Barchart.com. We have $7.46 PT which if reached, will make TSE:HED worth $444,000 less.

Another recent and important Hor. Bta. S&P TSX Cap. En. Br. Pl. (ETF) (TSE:HED) news was published by Theglobeandmail.com which published an article titled: “Top ETF picks for tech, financials, energy” on June 25, 2015.

Horizons BetaPro S&P/TSX Capped Energy 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 Energy Index. The ETF has a market cap of $5.55 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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