BMO Equal Weight US Banks Index ETF (TSE:ZBK – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$50.00 and last traded at C$49.98, with a volume of 6225 shares changing hands. The stock had previously closed at C$49.26.
BMO Equal Weight US Banks Index ETF Stock Performance
The stock has a 50 day simple moving average of C$46.26 and a 200 day simple moving average of C$44.15.
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.
Further Reading
- Five stocks we like better than BMO Equal Weight US Banks Index ETF
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
- MarketBeat Week in Review – 07/13- 07/17
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
Receive News & Ratings for BMO Equal Weight US Banks Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO Equal Weight US Banks Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
