iShares S&P/TSX 60 Index ETF (TSE:XIU) Share Price Pass Below 50 Day Moving Average of $33.26

Shares of iShares S&P/TSX 60 Index ETF (TSE:XIU) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$33.26 and traded as low as C$33.25. iShares S&P/TSX 60 Index ETF shares last traded at C$33.38, with a volume of 3,843,163 shares trading hands.

iShares S&P/TSX 60 Index ETF Trading Up 0.6 %

The business has a 50-day moving average price of C$33.26 and a two-hundred day moving average price of C$31.93.

iShares S&P/TSX 60 Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Monday, February 26th were given a $0.254 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend was Friday, February 23rd. This is a boost from iShares S&P/TSX 60 Index ETF’s previous quarterly dividend of $0.25.

iShares S&P/TSX 60 Index ETF Company Profile

iShares S&P/TSX 60 Index Fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index through investments in the constituent issuers of such index, net of expenses. The Index is comprised of 60 of the largest (by market capitalization) and liquid securities listed on the Toronto Stock Exchange (TSX), selected by Standard & Poor’s (S&P) using its industrial classifications and guidelines for evaluating issuer capitalization, liquidity and fundamentals.