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BMO Covered Call Canadian Banks ETF(ZWB-T)
TSX

Today's Change
Real-Time Last Update

Closing Bell: BMO Covered Call Canadian Banks ETF up on Wednesday (ZWB)

Automated Summaries - The Globe and Mail - Wed Apr 17, 4:02PM CDT

Today in trading, shares of BMO Covered Call Canadian Banks ETF opened at $17.67 and closed at $17.69. It traded at a low of $17.59 to a high of $17.81.

The price raised 0.11% from the previous day's close of $17.67.

Today across North America, the TSX Composite closed -0.45% at 21642.87, the S&P 500 closed -0.21% at 5051.41, the Dow Jones Industrial Average closed 0.17% at 37798.97 and the Nasdaq Composite closed -0.12% at 15865.25.

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

A total of 141,700 shares was traded during the session, with total trades of 228, while having an average volume of 127,809 over 5 days.

Trading across the entire TSX saw 2,131 price advancers against 3,083 declines and 114 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 eased -3.39 percent in the last year, while this year, they have dipped -0.84%.

Following today's trading, BMO Covered Call Canadian Banks ETF has a market capitalization of $2.95 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..

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..

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