(XCSR) iShares ESG Advanced MSCI - Ratings and Ratios

The iShares ESG Advanced MSCI Canada Index ETF (TO:XCSR) is a Canadian equity exchange-traded fund designed to provide exposure to Canadian companies with strong environmental, social, and governance (ESG) performance. The fund tracks the MSCI Canada ESG Advanced Index, which incorporates ESG criteria to evaluate and select companies. It is managed by BlackRock, a leading global asset manager, and is listed on the Toronto Stock Exchange (TSX).

From a technical perspective, XCSR has shown stability in recent trading sessions. The last price of $78.33 is slightly above the 20-day simple moving average (SMA) of $78.22, indicating short-term price strength. The 50-day SMA of $76.75 and 200-day SMA of $71.00 suggest a positive long-term trend. The average true range (ATR) of 0.76 reflects moderate volatility, while the average 20-day volume of 8,205 shares indicates limited trading activity compared to larger ETFs.

As of the latest data, the fund has assets under management (AUM) of $295.91 million CAD, demonstrating investor interest in ESG-focused strategies. The funds ESG screening process emphasizes companies with higher ESG ratings, excluding those involved in controversial activities such as fossil fuels, tobacco, and firearms. This approach aligns with growing investor demand for sustainable investment options.

3-Month Forecast: Based on and , XCSR is expected to maintain its upward trajectory, supported by the broader Canadian equity market and increasing demand for ESG investments. The funds 200-day SMA of $71.00 suggests a strong support level, while the 50-day SMA of $76.75 indicates potential for further upside. With an ATR of 0.76, volatility is expected to remain manageable. The funds AUM growth reflects strong investor confidence in ESG strategies, positioning it for continued stability in the next quarter.