Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAX) Hits New 12-Month High – Should You Buy?

Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAXGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$16.44 and last traded at C$16.40, with a volume of 167577 shares trading hands. The stock had previously closed at C$16.38.

Hamilton Canadian Financials Yield Maximizer ETF Stock Performance

The business has a fifty day simple moving average of C$15.80 and a 200 day simple moving average of C$15.21.

About Hamilton Canadian Financials Yield Maximizer ETF

(Get Free Report)

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. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, HMAX will employ a covered call option writing program.

See Also

Receive News & Ratings for Hamilton Canadian Financials Yield Maximizer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hamilton Canadian Financials Yield Maximizer ETF and related companies with MarketBeat.com's FREE daily email newsletter.