BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQ) Trading Down 0.4% – Here’s Why

BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQGet Free Report)’s stock price traded down 0.4% on Thursday . The stock traded as low as C$174.13 and last traded at C$176.29. 38,828 shares were traded during mid-day trading, a decline of 10% from the average session volume of 43,288 shares. The stock had previously closed at C$176.97.

BMO Nasdaq 100 Equity Hedged to CAD Index ETF Price Performance

The business has a fifty day moving average of C$173.20 and a 200 day moving average of C$164.14.

BMO Nasdaq 100 Equity Hedged to CAD Index ETF Company Profile

(Get Free Report)

The ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the NASDAQ 100 Index Hedged to CAD (the Index). The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index and use derivative instruments to hedge back to the Canadian dollar.

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