BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Shares Up 0.5% – Here’s Why

Shares of BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) were up 0.5% on Tuesday . The company traded as high as C$23.54 and last traded at C$23.51. Approximately 108,025 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 140,866 shares. The stock had previously closed at C$23.40.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Stock Up 0.5%

The stock has a fifty day simple moving average of C$22.61 and a two-hundred day simple moving average of C$21.04.

About BMO Covered Call Canadian Banks ETF (ZWB.TO)

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks 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 the securities of Canadian banks, ETFs, or a combination of these.