iShares MSCI Europe IMI Index ETF (TSE:XEU) Reaches New 52-Week High – Should You Buy?

iShares MSCI Europe IMI Index ETF (TSE:XEU) shares reached a new 52-week high on Wednesday . The company traded as high as C$39.15 and last traded at C$38.94, with a volume of 10490 shares traded. The stock had previously closed at C$39.11.

iShares MSCI Europe IMI Index ETF Stock Down 0.0%

The stock’s fifty day simple moving average is C$37.52 and its 200 day simple moving average is C$36.33.

iShares MSCI Europe IMI Index ETF Company Profile

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the MSCI Europe Investable Market Index (the Index), net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.