BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWE) Shares Down 0.8% – Here’s Why

BMO Europe High Dividend Covered Call Hedged to CAD ETF (TSE:ZWE) fell 0.8% during trading on Wednesday . The company traded as low as C$21.11 and last traded at C$21.17. 101,515 shares were traded during trading, an increase of 189% from the average session volume of 35,082 shares. The stock had previously closed at C$21.34.

BMO Europe High Dividend Covered Call Hedged to CAD ETF Stock Down 0.7 %

The stock has a 50 day moving average of C$21.17 and a two-hundred day moving average of C$20.63.

BMO Europe High Dividend Covered Call Hedged to CAD ETF Company Profile

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 invest in or use derivative instruments to seek to hedge foreign currency exposure.