BMO Europe High Dividend Covered Call ETF (TSE:ZWP) Reaches New 1-Year High – Should You Buy?

Shares of BMO Europe High Dividend Covered Call ETF (TSE:ZWP) reached a new 52-week high on Monday . The company traded as high as C$21.01 and last traded at C$20.97, with a volume of 8521 shares. The stock had previously closed at C$20.97.

BMO Europe High Dividend Covered Call ETF Trading Down 0.0%

The business has a 50-day moving average price of C$20.46 and a two-hundred day moving average price of C$19.98.

BMO Europe High Dividend Covered Call 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 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.