What’s Horiz. BetaPro S&P TSX 60 Bull Pl (ETF) Upside After Today’s Huge Increase?

 What's Horiz. BetaPro S&P TSX 60 Bull Pl (ETF) Upside After Today's Huge Increase?

The stock of Horiz. BetaPro S&P TSX 60 Bull Pl (ETF) (TSE:HXU) is a huge mover today! About 61,538 shares traded hands. Horiz. BetaPro S&P TSX 60 Bull Pl (ETF) (TSE:HXU) has risen 21.21% since April 26, 2016 and is uptrending. It has outperformed by 15.98% the S&P500.
The move comes after 7 months positive chart setup for the $67.08M company. It was reported on Nov, 30 by Barchart.com. We have $32.88 PT which if reached, will make TSE:HXU worth $4.02M more.

More news for Horiz. BetaPro S&P TSX 60 Bull Pl (ETF) (TSE:HXU) were recently published by: Midasletter.com, which released: “S&P/TSX Composite, S&P 500: Top Trades in Crisis Markets – Horizons BetaPro ETFs” on January 20, 2016. Theglobeandmail.com‘s article titled: “The top Canadian ETF needs tech to stay relevant” and published on February 08, 2013 is yet another important article.

Horizons BetaPro S&P/TSX 60 Bull Plus ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the S&P/TSX 60 Index. The ETF has a market cap of $67.08 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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