BMO Europe High Dividend Covered Call ETF (TSE:ZWP) Trading Up 1.2% – Should You Buy?

BMO Europe High Dividend Covered Call ETF (TSE:ZWP)’s share price traded up 1.2% during trading on Monday . The stock traded as high as C$19.78 and last traded at C$19.76. 21,039 shares were traded during mid-day trading, a decline of 19% from the average session volume of 25,924 shares. The stock had previously closed at C$19.52.

BMO Europe High Dividend Covered Call ETF Trading Up 1.2%

The company’s fifty day simple moving average is C$20.68 and its two-hundred day simple moving average is C$20.22.

BMO Europe High Dividend Covered Call 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 primarily invest in and hold the equity securities of dividend paying European companies. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio. Securities will also be subject to a screening process to ensure sufficient liquidity.