BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQ) Shares Down 0.3% – What’s Next?

BMO Nasdaq 100 Equity Hedged to CAD Index ETF (TSE:ZQQGet Free Report)’s stock price traded down 0.3% on Friday . The stock traded as low as C$171.66 and last traded at C$172.25. 56,851 shares were traded during mid-day trading, an increase of 33% from the average session volume of 42,669 shares. The stock had previously closed at C$172.77.

BMO Nasdaq 100 Equity Hedged to CAD Index ETF Stock Down 0.3%

The business’s fifty day moving average is C$173.98 and its 200-day moving average is C$166.64.

About BMO Nasdaq 100 Equity Hedged to CAD Index ETF

(Get Free Report)

The ETF seeks to replicate, to the extent possible, the performance of a NASDAQ listed companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the NASDAQ 100 Index Hedged to CAD (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 and use derivative instruments to hedge back to the Canadian dollar. The Manager may also use a sampling methodology in selecting investments for the ETF.

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