BMO Equal Weight US Banks Index ETF (TSE:ZBK – Get Free Report)’s share price traded up 0.2% on Tuesday. The company traded as high as C$46.17 and last traded at C$46.07. Approximately 2,909 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 31,472 shares. The stock had previously closed at C$45.96.
BMO Equal Weight US Banks Index ETF Stock Performance
The business’s 50 day moving average price is C$46.41 and its 200 day moving average price is C$45.27.
BMO Equal Weight US Banks Index ETF Company Profile
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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