BMO Low Volatility Canadian Equity ETF (TSE:ZLB – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $63.19 and last traded at $63.23, with a volume of 3,145 shares trading hands. The stock had previously closed at $62.23.
BMO Low Volatility Canadian Equity ETF Stock Down 0.5%
The stock’s fifty day simple moving average is $60.23 and its 200 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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