BMO Equal Weight REITs Index ETF (TSE:ZRE – Get Free Report) shares were down 0.6% on Wednesday . The company traded as low as C$24.75 and last traded at C$24.87. 9,526 shares traded hands during trading, a decline of 58% from the average daily volume of 22,721 shares. The stock had previously closed at C$25.03.
BMO Equal Weight REITs Index ETF Stock Down 0.6%
The company’s fifty day moving average is C$24.39 and its two-hundred day moving average is C$23.62.
BMO Equal Weight REITs Index ETF Company Profile
The ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian REITs index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada REIT 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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