BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQ) Trading 0.8% Higher – Time to Buy?

BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQGet Free Report)’s share price traded up 0.8% during trading on Thursday . The company traded as high as C$159.42 and last traded at C$159.30. 10,923 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 50,505 shares. The stock had previously closed at C$158.03.

BMO Nasdaq 100 Equity Hedged to CAD Index ETF Price Performance

The business has a fifty day simple moving average of C$151.39 and a 200 day simple moving average of C$144.47.

About BMO Nasdaq 100 Equity Hedged to CAD Index ETF

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The ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the NASDAQ 100 Index Hedged to CAD (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 and use derivative instruments to hedge back to the Canadian dollar.

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