BMO CA High Dividend Covered Call ETF (TSE:ZWC) Hits New 1-Year Low – Time to Sell?

BMO CA High Dividend Covered Call ETF (TSE:ZWCGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$16.49 and last traded at C$16.66, with a volume of 106720 shares. The stock had previously closed at C$17.18.

BMO CA High Dividend Covered Call ETF Stock Performance

The business’s fifty day moving average price is C$17.89 and its two-hundred day moving average price is C$18.10.

BMO CA High Dividend Covered Call ETF Company Profile

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The ETF seeks to provide exposure to the performance of a portfolio of dividend paying Canadian companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold dividend paying equity securities of Canadian companies.

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