BMO CA High Dividend Covered Call ETF (TSE:ZWC) Hits New 52-Week High – What’s Next?

BMO CA High Dividend Covered Call ETF (TSE:ZWC) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$22.00 and last traded at C$21.90, with a volume of 132433 shares changing hands. The stock had previously closed at C$21.98.

BMO CA High Dividend Covered Call ETF Trading Up 0.4%

The firm has a 50-day moving average of C$21.04 and a two-hundred day moving average of C$20.16.

About BMO CA High Dividend Covered Call ETF

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold dividend paying equity securities of Canadian companies. The selected companies will have the potential for long-term capital appreciation. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio.