BMO CA High Dividend Covered Call ETF (TSE:ZWC) Trading Up 1.1% – Here’s What Happened

Shares of BMO CA High Dividend Covered Call ETF (TSE:ZWC) rose 1.1% during mid-day trading on Monday . The company traded as high as C$21.18 and last traded at C$21.10. Approximately 168,198 shares were traded during trading, an increase of 35% from the average daily volume of 124,974 shares. The stock had previously closed at C$20.88.

BMO CA High Dividend Covered Call ETF Stock Performance

The company has a 50 day simple moving average of C$21.39 and a 200 day simple moving average of C$20.50.

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.