BMO Equal Weight REITs Index ETF (TSE:ZRE – Get Free Report)’s stock price dropped 0.6% during trading on Wednesday . The company traded as low as C$24.75 and last traded at C$24.87. Approximately 9,526 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 22,721 shares. The stock had previously closed at C$25.03.
BMO Equal Weight REITs Index ETF Stock Down 0.1%
The company has a fifty day moving average of C$24.41 and a 200 day moving average of C$23.63.
About BMO Equal Weight REITs Index ETF
The ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian REITs index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada REIT 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.
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