BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWE) Hits New 12-Month Low – Here’s Why

BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWEGet Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$18.09 and last traded at C$19.65, with a volume of 55929 shares trading hands. The stock had previously closed at C$18.80.

BMO Europe High Dividend Covered Call Hedged to CAD ETF Stock Up 4.5 %

The firm has a fifty day simple moving average of C$20.95 and a two-hundred day simple moving average of C$20.56.

BMO Europe High Dividend Covered Call Hedged to CAD ETF Company Profile

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The ETF seeks to provide exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will invest in or use derivative instruments to seek to hedge foreign currency exposure.

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