BMO Equal Weight Banks Index ETF (TSE:ZEB – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$76.02 and last traded at C$76.02, with a volume of 125581 shares trading hands. The stock had previously closed at C$75.39.
BMO Equal Weight Banks Index ETF Stock Performance
The company’s 50-day simple moving average is C$69.58 and its 200 day simple moving average is C$63.26.
About BMO Equal Weight Banks Index ETF
The ETF seeks to replicate, to the extent possible, the performance of an equal weight diversified Canadian bank index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada Banks 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.
Read More
- Five stocks we like better than BMO Equal Weight Banks Index ETF
- Tesla Stock Surges 15% as FSD Update Backs Its Autonomy Thesis
- Is the Memory Rally Still Alive After the Semiconductor Sell-Off?
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
Receive News & Ratings for BMO Equal Weight Banks Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO Equal Weight Banks Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
