BMO Equal Weight Utilities Index ETF (TSE:ZUT – Get Free Report) fell 0.5% during mid-day trading on Tuesday . The stock traded as low as C$29.93 and last traded at C$29.93. 36,404 shares were traded during mid-day trading, a decline of 52% from the average session volume of 75,249 shares. The stock had previously closed at C$30.09.
BMO Equal Weight Utilities Index ETF Trading Up 0.5%
The stock’s fifty day moving average price is C$29.31 and its 200 day moving average price is C$27.48.
About BMO Equal Weight Utilities Index ETF
The ETF seeks to replicate, to the extent possible, the performance of an equal weight utilities companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada Utilities 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.
Recommended Stories
- Five stocks we like better than BMO Equal Weight Utilities Index ETF
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Receive News & Ratings for BMO Equal Weight Utilities Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO Equal Weight Utilities Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
