BMO Europe High Dividend Covered Call ETF (TSE:ZWP) Stock Price Up 0.8% – Here’s Why

Shares of BMO Europe High Dividend Covered Call ETF (TSE:ZWP) rose 0.8% during mid-day trading on Thursday . The company traded as high as C$20.66 and last traded at C$20.60. Approximately 11,722 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 22,590 shares. The stock had previously closed at C$20.43.

BMO Europe High Dividend Covered Call ETF Stock Down 0.2%

The stock’s 50 day moving average is C$20.04 and its 200-day moving average is C$20.27.

BMO Europe High Dividend Covered Call ETF Company Profile

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 primarily invest in and hold the equity securities of dividend paying European companies. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio. Securities will also be subject to a screening process to ensure sufficient liquidity.