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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 Friday (ZWB)

Automated Summaries - The Globe and Mail - Fri May 3, 4:02PM CDT

BMO Covered Call Canadian Banks ETF opened trading today at $17.79 and closed at $17.71. It traded at a low of $17.65 to a high of $17.80.

The price advanced 0.11% from the previous day's close of $17.69.

During the day across North America, the TSX Composite closed 0.57% at 21947.41, the S&P 500 closed 0.91% at 5064.20, the Dow Jones Industrial Average closed 0.85% at 38225.66 and the Nasdaq Composite closed 1.51% at 15840.96.

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

A total of 133,021 shares was traded during the session, with total trades of 233, while having an average volume of 133,307 over 5 days.

The TSX market on the whole today saw 3,333 price advancers against 1,844 declines and 124 unchanged.

During the prior 52 weeks, ZWB.TO has traded as high as $18.45 (April 09,2024) and low as $15.29 (October 27,2023). Moreover, the shares have reduced -0.95% in the last 52 weeks, while this year, they have dipped -0.73%.

Following today's trading, BMO Covered Call Canadian Banks ETF has a market capitalization of $0.00 on a float of 0 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. 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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