In market activity today, BMO Covered Call Canadian Banks ETF shares closed at $17.85 after opening the day at $18.06. prices ranged from a low of $17.79 to a high of $18.06.

Share prices dipped -0.56% from the previous day's close of $17.95.

During the day across North America, the TSX Composite closed -0.95% at 21899.99, the S&P 500 closed -1.46% at 5123.41, the Dow Jones Industrial Average closed -1.24% at 37983.24 and the Nasdaq Composite closed -1.62% at 16175.09.

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

A total of 100,435 shares was traded during the last trading day, with total trades of 234, with an average volume of 120,971 over 5 days.

The TSX market on the whole today saw 939 price advancers against 4,327 declines and 94 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 dipped -2.08% in the last 12 months, while in 2024, they have gained 0.06%.

Following today's trading, BMO Covered Call Canadian Banks ETF has a market capitalization of $3.00 billion on a float of 167,150 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..

BMO Covered Call Canadian Banks ETF is holding an average recommendation of "Strong Sell" from 0.00 analysts according to Zacks. Currently, there are for the stock.

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..