BMO CA High Dividend Covered Call ETF (TSE:ZWC) Trading Down 0.9% – Should You Sell?

BMO CA High Dividend Covered Call ETF (TSE:ZWCGet Free Report) shares were down 0.9% during mid-day trading on Tuesday . The company traded as low as C$17.59 and last traded at C$17.66. Approximately 128,814 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 87,560 shares. The stock had previously closed at C$17.82.

BMO CA High Dividend Covered Call ETF Stock Performance

The company’s 50-day moving average is C$18.02 and its 200-day moving average is C$18.11.

BMO CA High Dividend Covered Call ETF Company Profile

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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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