BMO US Put Write ETF (TSE:ZPW) Trading Down 0.8% – Here’s Why

BMO US Put Write ETF (TSE:ZPWGet Free Report) dropped 0.8% during trading on Friday . The stock traded as low as C$15.78 and last traded at C$15.78. 370 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 5,992 shares. The stock had previously closed at C$15.91.

BMO US Put Write ETF Stock Performance

The firm has a 50 day moving average price of C$15.62 and a 200-day moving average price of C$15.43.

About BMO US Put Write ETF

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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.

Further Reading

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