BMO Laddered Preferred Share Index ETF (TSE:ZPR) Trading Up 0.5% – Time to Buy?

BMO Laddered Preferred Share Index ETF (TSE:ZPRGet Free Report) traded up 0.5% during mid-day trading on Monday . The stock traded as high as C$12.14 and last traded at C$12.12. 82,517 shares traded hands during trading, a decline of 19% from the average session volume of 101,850 shares. The stock had previously closed at C$12.06.

BMO Laddered Preferred Share Index ETF Price Performance

The company has a 50-day simple moving average of C$12.01 and a 200-day simple moving average of C$11.77.

About BMO Laddered Preferred Share Index ETF

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The ETF seeks to replicate, to the extent possible, the performance of a Canadian preferred shares index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Laddered Canadian Preferred Share Index (the Index). The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index.

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