BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQ) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQ – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of C$189.09 and traded as low as C$188.49. BMO Nasdaq 100 Equity Hedged to CAD Index ETF shares last traded at C$188.61, with a volume of 66,928 shares changing hands.

BMO Nasdaq 100 Equity Hedged to CAD Index ETF Trading Down 1.4%

The company’s 50-day moving average is C$200.75 and its 200-day moving average is C$189.09.

About BMO Nasdaq 100 Equity Hedged to CAD Index ETF

(Get Free Report)

The ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the NASDAQ 100 Index Hedged to CAD (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 and use derivative instruments to hedge back to the Canadian dollar. The Manager may also use a sampling methodology in selecting investments for the ETF.

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