BMO Equal Weight US Banks Index ETF (TSE:ZBK – Get Free Report) traded down 0.2% on Tuesday . The company traded as low as C$47.55 and last traded at C$47.68. Approximately 15,958 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 34,865 shares. The stock had previously closed at C$47.78.
BMO Equal Weight US Banks Index ETF Stock Performance
The stock has a fifty day simple moving average of C$48.89 and a 200-day simple moving average of C$45.17.
About BMO Equal Weight US Banks Index ETF
The ETF seeks to replicate, to the extent possible, the performance of a U.S. large capitalization banks index representing U.S. banks included in a U.S. bank sector or subsector industry classification, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight US Bank Index (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. The Manager may also use a sampling methodology in selecting investments for the ETF.
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