BMO Europe High Dividend Covered Call ETF (TSE:ZWP) Stock Price Down 0.8% – Here’s What Happened

BMO Europe High Dividend Covered Call ETF (TSE:ZWP) shares fell 0.8% on Thursday. The stock traded as low as C$19.99 and last traded at C$20.01. 7,097 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 18,233 shares. The stock had previously closed at C$20.18.

BMO Europe High Dividend Covered Call ETF Price Performance

The business’s 50 day moving average price is C$20.58 and its 200-day moving average price is C$20.59.

About BMO Europe High Dividend Covered Call ETF

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying European companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will primarily invest in and hold the equity securities of dividend paying European companies. Securities will be selected using a rules based methodology that considers dividend growth, yield, and payout ratio. Securities will also be subject to a screening process to ensure sufficient liquidity.