Purpose Canadian Financial Income Fund Series ETF (TSE:BNC – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$33.11 and traded as high as C$35.12. Purpose Canadian Financial Income Fund Series ETF shares last traded at C$34.82, with a volume of 337 shares trading hands.
Purpose Canadian Financial Income Fund Series ETF Stock Down 0.9%
The stock has a 50 day moving average price of C$34.91 and a 200-day moving average price of C$33.11.
Purpose Canadian Financial Income Fund Series ETF Company Profile
The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis).
Featured Stories
- Five stocks we like better than Purpose Canadian Financial Income Fund Series ETF
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Elon Musk’s $1 Quadrillion AI IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Purpose Canadian Financial Income Fund Series ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purpose Canadian Financial Income Fund Series ETF and related companies with MarketBeat.com's FREE daily email newsletter.
