Skip to main content

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 Friday (ZWB)

Automated Summaries - The Globe and Mail - Fri Apr 19, 4:01PM CDT

In today's trading, shares of BMO Covered Call Canadian Banks ETF opened at $17.70 and closed at $17.79. Intraday prices ranged from a low of $17.68 to a high of $17.85.

Shares raised 0.62% from the previous day's close of $17.68.

Today across North America, the TSX Composite closed tsx_percentage_change% at 21807.37, the S&P 500 closed sp_500_percentage_change% at 5011.12, the Dow Jones Industrial Average closed dow_jones_percentage_change% at 37775.38 and the Nasdaq Composite closed nasdaq_percentage_change% at 15601.50.

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

Trading volume was 90,492 on 181 total trades. On average, BMO Covered Call Canadian Banks ETF has traded 109,301 shares in the last five days and 142,705 year-to-date.

The TSX overall saw 2,775 price advancers against 2,424 declines and 120 unchanged.

During the prior 52 weeks, ZWB.TO has traded as high as $18.47 (April 20,2023) and low as $15.29 (October 27,2023). Moreover, the shares have dipped -3.63 percent in 52 weeks, while they have slid -0.28% year-to-date.

Following today's trading, BMO Covered Call Canadian Banks ETF has a market capitalization of $2.96 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. 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..

More from The Globe