BMO Low Volatility Canadian Equity ETF (TSE:ZLB – Get Free Report)’s share price was down 1% during trading on Tuesday. The stock traded as low as $58.71 and last traded at $58.90. 51,894 shares changed hands during trading, a decline of 3% from the average daily volume of 53,576 shares. The stock had previously closed at $59.48.
BMO Low Volatility Canadian Equity ETF Price Performance
The business has a 50-day simple moving average of $60.86 and a two-hundred day simple moving average of $60.24.
About BMO Low Volatility Canadian Equity ETF
The ETF seeks to provide exposure to the performance of a portfolio of Canadian equities that have lower sensitivity to market movements with the potential for long-term capital appreciation. The ETF will primarily invest in and hold equities of Canadian companies. Securities will be selected from the largest and most liquid securities in Canada. The securities that have lower sensitivity to market movements (beta) will be selected for the portfolio and it will be weighted so that a higher allocation is given to securities with lower beta.
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