BMO Junior Gold Index ETF (TSE:ZJG) Trading 0.6% Higher – Time to Buy?

BMO Junior Gold Index ETF (TSE:ZJG) was up 0.6% during mid-day trading on Tuesday . The stock traded as high as C$25.33 and last traded at C$25.17. 54,617 shares changed hands during mid-day trading, an increase of 245% from the average session volume of 15,851 shares. The stock had previously closed at C$25.03.

BMO Junior Gold Index ETF Trading Up 0.6%

The firm’s fifty day moving average price is C$210.18 and its 200-day moving average price is C$246.45.

BMO Junior Gold Index ETF Company Profile

The ETF seeks to replicate, to the extent possible, the performance of a junior gold companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Dow Jones North America Select Junior Gold 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.