Shares of BMO Junior Gold Index ETF (TSE:ZJG – Get Free Report) shot up 4.8% during mid-day trading on Tuesday. The company traded as high as C$27.79 and last traded at C$27.70. Approximately 12,780 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 130,789 shares. The stock had previously closed at C$26.43.
BMO Junior Gold Index ETF Trading Down 1.1%
The firm has a 50-day simple moving average of C$89.73 and a two-hundred day simple moving average of C$189.70.
About BMO Junior Gold Index ETF
The ETF seeks to replicate, to the extent possible, the performance of a junior gold companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Dow Jones North America Select Junior Gold 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. The Manager may also use a sampling methodology in selecting investments for the ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities (as defined in the prospectus) to obtain exposure to the performance of the Index.
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