Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAX – Get Free Report) rose 1.5% during mid-day trading on Tuesday . The stock traded as high as C$15.45 and last traded at C$15.44. Approximately 416,400 shares traded hands during trading, an increase of 34% from the average daily volume of 311,680 shares. The stock had previously closed at C$15.21.
Hamilton Canadian Financials Yield Maximizer ETF Price Performance
The firm’s 50-day simple moving average is C$15.12 and its two-hundred day simple moving average is C$14.49.
About Hamilton Canadian Financials Yield Maximizer ETF
The Hamilton Canadian Financials Yield Maximizer ETF is designed to provide higher monthly income from Canadas 10 largest financial services companies while employing an active covered call strategy. The investment objective of HMAX is to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities.
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