Shares of Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAX – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$16.50 and last traded at C$16.42, with a volume of 470161 shares. The stock had previously closed at C$16.45.
Hamilton Canadian Financials Yield Maximizer ETF Trading Down 0.2%
The business has a 50-day moving average of C$15.88 and a 200 day moving average of C$15.27.
About Hamilton Canadian Financials Yield Maximizer ETF
The Hamilton Canadian Financials Yield Maximizer ETF is designed to provide higher monthly income from Canadas 10 largest financial services companies while employing an active covered call strategy. The investment objective of HMAX is to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities. To supplement dividend income earned on the equity holdings, mitigate risk and reduce volatility, HMAX will employ a covered call option writing program.
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