BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWE) Shares Up 1.2% – Here’s What Happened

BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWE)’s stock price shot up 1.2% during mid-day trading on Wednesday . The company traded as high as C$20.71 and last traded at C$20.67. 37,400 shares traded hands during trading, an increase of 1% from the average session volume of 36,878 shares. The stock had previously closed at C$20.42.

BMO Europe High Dividend Covered Call Hedged to CAD ETF Stock Up 1.2%

The company’s fifty day moving average is C$20.38 and its 200-day moving average is C$20.27.

BMO Europe High Dividend Covered Call Hedged to CAD ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will invest in or use derivative instruments to seek to hedge foreign currency exposure.