BMO Laddered Preferred Share Index ETF (TSE:ZPR) Shares Up 0.4% – Still a Buy?

Shares of BMO Laddered Preferred Share Index ETF (TSE:ZPR – Get Free Report) were up 0.4% on Thursday. The stock traded as high as C$12.85 and last traded at C$12.85. Approximately 114,968 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 106,516 shares. The stock had previously closed at C$12.80.

BMO Laddered Preferred Share Index ETF Stock Up 0.4%

The firm has a fifty day moving average of C$12.96 and a two-hundred day moving average of C$12.88.

BMO Laddered Preferred Share Index ETF Company Profile

(Get Free Report)

The ETF seeks to replicate, to the extent possible, the performance of a Canadian preferred shares index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Laddered Canadian Preferred Share 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.

See Also

Receive News & Ratings for BMO Laddered Preferred Share Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMO Laddered Preferred Share Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.