BMO Europe High Dividend Covered Call ETF (TSE:ZWP) Stock Price Down 0.5% – Here’s Why

BMO Europe High Dividend Covered Call ETF (TSE:ZWP) shares traded down 0.5% during mid-day trading on Tuesday . The company traded as low as C$19.63 and last traded at C$19.89. 13,458 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 24,519 shares. The stock had previously closed at C$19.98.

BMO Europe High Dividend Covered Call ETF Price Performance

The business has a fifty day moving average of C$20.31 and a 200-day moving average of C$20.21.

About BMO Europe High Dividend Covered Call ETF

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.