BMO US Put Write ETF (TSE:ZPW) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

BMO US Put Write ETF (TSE:ZPW)’s share price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of C$16.25 and traded as high as C$16.32. BMO US Put Write ETF shares last traded at C$16.32, with a volume of 11,602 shares changing hands.

BMO US Put Write ETF Stock Up 1.2%

The company’s fifty day simple moving average is C$16.25 and its two-hundred day simple moving average is C$15.67.

BMO US Put Write ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, November 3rd. Stockholders of record on Tuesday, November 3rd were paid a dividend of $0.1250 per share. The ex-dividend date was Thursday, October 29th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 9.2%.

About BMO US Put Write ETF

BMO US Put Write ETF writes put options on the equity securities of U.S. companies in a variety of sectors. See Investment Objectives Investment Objectives of the Non Index BMO ETFs BMO US Put Write ETF. The fund invests primarily in a portfolio of put options on US large capitalization equity securities to generate income.