Canadian ETF prices plunged more than market

Yesterday’s plunge in stock markets caused several of iShares ETFs to drop below asset value.



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Yesterday’s plunge in stock markets caused several of iShares ETFs to drop, and they were selling at prices below the asset value of the stocks they are tracking, according to the Globe and Mail. Market watchers speculate it might have been due to a liquidity problem or opportunistic buyers taking advantage of the chaos in the markets.

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