Horizons NASDAQ-100 Index ETF (TSE:HXQ) Shares Up 0.5% – Here’s What Happened

Horizons NASDAQ-100 Index ETF (TSE:HXQ)’s stock price shot up 0.5% on Wednesday . The stock traded as high as C$98.90 and last traded at C$98.31. 11,144 shares were traded during mid-day trading, a decline of 58% from the average session volume of 26,240 shares. The stock had previously closed at C$97.84.

Horizons NASDAQ-100 Index ETF Price Performance

The business has a fifty day moving average of C$100.48 and a 200 day moving average of C$98.59.

About Horizons NASDAQ-100 Index ETF

In order to achieve their investment objectives and obtain direct or indirect exposure to securities of their Underlying Indexs Constituent Issuers, the Index ETFs may invest in and hold the securities of Constituent Issuers in substantially the same proportion as they are reflected in the applicable Underlying Index, or may invest in and hold index participation units of exchange traded funds or use derivatives, including but not limited to swap agreements, futures contracts, options on futures contracts, forward contracts, options on securities and indices, money market instruments, reverse repurchase agreements or a combination of the foregoing, that are based on the applicable Underlying Index, provided that the use of such derivative instruments is in compliance with NI 81-102 and is consistent with the investment objective of that Index ETF.