Shares of BMO Low Volatility Canadian Equity ETF (TSE:ZLB – Get Free Report) fell 0.3% during trading on Tuesday . The company traded as low as $61.08 and last traded at $61.08. Approximately 39,871 shares changed hands during trading, a decline of 28% from the average session volume of 55,165 shares. The stock had previously closed at $61.25.
BMO Low Volatility Canadian Equity ETF Stock Down 0.8%
The firm’s fifty day simple moving average is $61.73 and its two-hundred day simple moving average is $60.00.
About BMO Low Volatility Canadian Equity ETF
The ETF seeks to provide exposure to the performance of a portfolio of Canadian equities that have lower sensitivity to market movements with the potential for long-term capital appreciation. The ETF will primarily invest in and hold equities of Canadian companies. Securities will be selected from the largest and most liquid securities in Canada. The securities that have lower sensitivity to market movements (beta) will be selected for the portfolio and it will be weighted so that a higher allocation is given to securities with lower beta.
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