BMO Laddered Preferred Share Index ETF (TSE:ZPR) Trading Down 0.3% – Here’s What Happened

Shares of BMO Laddered Preferred Share Index ETF (TSE:ZPRGet Free Report) fell 0.3% on Thursday . The stock traded as low as C$13.04 and last traded at C$13.05. Approximately 125,853 shares were traded during trading, an increase of 21% from the average session volume of 104,407 shares. The stock had previously closed at C$13.09.

BMO Laddered Preferred Share Index ETF Price Performance

The stock’s fifty day moving average is C$13.04 and its 200-day moving average is C$12.79.

About BMO Laddered Preferred Share Index ETF

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The ETF seeks to replicate, to the extent possible, the performance of a Canadian preferred shares index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Laddered Canadian Preferred Share 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. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities (as defined in the prospectus) to obtain exposure to the performance of the Index.

Further Reading

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