Today in trading, shares of BMO Covered Call Canadian Banks ETF opened at $18.29 and closed at $18.36. Intraday prices ranged from $18.29 to $18.37.

Share prices climbed 0.49% from the previous day's close of $18.27.

During the day across North America, the TSX Composite closed 0.96% at 22264.38, the S&P 500 closed 1.11% at 5204.34, the Dow Jones Industrial Average closed 0.80% at 38904.04 and the Nasdaq Composite closed 1.24% at 16248.52.

BMO Covered Call Canadian Banks ETF traded under ZWB on the Toronto Stock Exchange (TSX).

Trading volume was 81,013 on 198 total trades, while having an average volume of 168,648 in the last five days.

The TSX overall saw 3,142 price advancers against 2,094 declines and 118 unchanged.

During the prior 52 weeks, ZWB.TO has traded as high as $18.48 (April 19,2023) and low as $15.29 (October 27,2023). Moreover, the shares have boosted 2.28 percent in the last year, while this year, they have boosted 2.91%.

Following today's trading, BMO Covered Call Canadian Banks ETF has a market capitalization of $3.06 billion on a float of 167,500 shares outstanding. Its annual EPS is $None.

BMO Covered Call Canadian Banks ETF is a None company headquartered in, None.

The BMO Covered Call Canadian Banks ETF has been designed to provide exposure to a portfolio of Canadian banks while earning call option premiums. The Fund invests in securities of Canadian banks, and dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is rebalanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry. In addition, as ZWB is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds..

Based on 0.00 analysts, BMO Covered Call Canadian Banks ETF gets an average recommendation of "Strong Sell" according to Zacks. From those 0 analysts,.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..