BMO CA High Dividend Covered Call ETF (TSE:ZWC) Hits New 12-Month Low – Here’s Why

Shares of BMO CA High Dividend Covered Call ETF (TSE:ZWCGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company 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 Trading Down 1.8 %

The firm has a fifty day moving average price of C$17.99 and a 200 day moving average price of C$18.13.

About BMO CA High Dividend Covered Call ETF

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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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