Shares of BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWE – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$22.35 and last traded at C$22.35, with a volume of 11954 shares changing hands. The stock had previously closed at C$22.20.
BMO Europe High Dividend Covered Call Hedged to CAD ETF Stock Performance
The company has a 50 day moving average price of C$21.78 and a 200 day moving average price of C$21.45.
BMO Europe High Dividend Covered Call Hedged to CAD ETF Company Profile
The ETF seeks to provide exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will invest in or use derivative instruments to seek to hedge foreign currency exposure. Currently, the ETF primarily invests in BMO Europe High Dividend Covered Call ETF and uses derivative instruments to hedge back to the Canadian dollar. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio.
Further Reading
- Five stocks we like better than BMO Europe High Dividend Covered Call Hedged to CAD ETF
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for BMO Europe High Dividend Covered Call Hedged to CAD ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO Europe High Dividend Covered Call Hedged to CAD ETF and related companies with MarketBeat.com's FREE daily email newsletter.
