BMO Low Volatility Canadian Equity ETF (TSE:ZLB – Get Free Report) shares hit a new 52-week high during trading on Friday. The stock traded as high as $64.42 and last traded at $64.32, with a volume of 4,445 shares traded. The stock had previously closed at $64.14.
BMO Low Volatility Canadian Equity ETF Stock Up 0.7%
The company has a 50 day moving average of $60.60 and a 200 day moving average of $60.14.
About BMO Low Volatility Canadian Equity ETF
The ETF seeks to provide exposure to the performance of a portfolio of Canadian equities that have lower sensitivity to market movements with the potential for long-term capital appreciation. The ETF will primarily invest in and hold equities of Canadian companies. Securities will be selected from the largest and most liquid securities in Canada. The securities that have lower sensitivity to market movements (beta) will be selected for the portfolio and it will be weighted so that a higher allocation is given to securities with lower beta.
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