Shares of iShares S&P/TSX Global Gold Index ETF (TSE:XGD – Get Free Report) traded down 0.8% during mid-day trading on Wednesday . The company traded as low as C$48.72 and last traded at C$48.76. 336,960 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 616,454 shares. The stock had previously closed at C$49.16.
iShares S&P/TSX Global Gold Index ETF Price Performance
The stock’s fifty day moving average is C$46.08 and its two-hundred day moving average is C$38.35.
About iShares S&P/TSX Global Gold Index ETF
The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto.
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