Shares of iShares MSCI Europe IMI Index ETF (TSE:XEU – Get Free Report) were down 0.1% during trading on Tuesday. The company traded as low as C$40.14 and last traded at C$40.14. 6,340 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 7,555 shares. The stock had previously closed at C$40.18.
iShares MSCI Europe IMI Index ETF Stock Performance
The firm has a 50 day moving average price of C$41.11 and a two-hundred day moving average price of C$40.24.
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.
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