Does Hor. Beta. S&P TSX Cap. En. Bull (ETF) Have Any Gas After Today’s Huge Increase?

 Does Hor. Beta. S&P TSX Cap. En. Bull (ETF) Have Any Gas After Today's Huge Increase?

The stock of Hor. Beta. S&P TSX Cap. En. Bull (ETF) (TSE:HEU) is a huge mover today! About 66,823 shares traded hands. Hor. Beta. S&P TSX Cap. En. Bull (ETF) (TSE:HEU) has risen 34.14% since April 27, 2016 and is uptrending. It has outperformed by 28.22% the S&P500.
The move comes after 5 months positive chart setup for the $18.27M company. It was reported on Dec, 1 by Barchart.com. We have $15.09 PT which if reached, will make TSE:HEU worth $1.46M more.

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 $18.27 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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