Shares of Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAX – Get Free Report) were down 0.3% on Thursday. The stock traded as low as C$16.66 and last traded at C$16.78. 319,793 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 370,184 shares. The stock had previously closed at C$16.83.
Hamilton Canadian Financials Yield Maximizer ETF Price Performance
The stock’s 50-day moving average is C$17.65 and its 200-day moving average is C$17.36.
Hamilton Canadian Financials Yield Maximizer ETF Company Profile
The Hamilton Canadian Financials Yield Maximizer ETF is designed to provide higher monthly income from Canadas 10 largest financial services companies while employing an active covered call strategy. The investment objective of HMAX is to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, HMAX will employ a covered call option writing program.
Featured Articles
- Five stocks we like better than Hamilton Canadian Financials Yield Maximizer ETF
- 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead
- Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone?
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
- Is Synopsys Back from the Dead? EDA Leader Inks Deals With Amazon and OpenAI
Receive News & Ratings for Hamilton Canadian Financials Yield Maximizer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hamilton Canadian Financials Yield Maximizer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
