BMO CA High Dividend Covered Call ETF (TSE:ZWC) Stock Jumps 0.4% – What’s Next?

BMO CA High Dividend Covered Call ETF (TSE:ZWC)’s stock price traded up 0.4% on Friday. The company traded as high as C$22.54 and last traded at C$22.52. Approximately 87,394 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 106,830 shares. The stock had previously closed at C$22.44.

BMO CA High Dividend Covered Call ETF Price Performance

The business’s 50-day moving average price is C$22.84 and its 200-day moving average price is C$22.32.

BMO CA High Dividend Covered Call ETF Company Profile

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. The selected companies will have the potential for long-term capital appreciation. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio.