What’s Ahead for BMO Covered Call Utilities ETF After Today’s Huge Decline?

 What's Ahead for BMO Covered Call Utilities ETF After Today's Huge Decline?

The stock of BMO Covered Call Utilities ETF (TSE:ZWU) is a huge mover today! About 13,743 shares traded hands. BMO Covered Call Utilities ETF (TSE:ZWU) has risen 0.98% since April 21, 2016 and is uptrending. It has underperformed by 4.43% the S&P500.
The move comes after 6 months negative chart setup for the $463.60 million company. It was reported on Nov, 25 by Barchart.com. We have $13.03 PT which if reached, will make TSE:ZWU worth $13.91M less.

More recent BMO Covered Call Utilities ETF (TSE:ZWU) news were published by: Theglobeandmail.com which released: “The case against covered call ETFs” on May 23, 2014. Also Theglobeandmail.com published the news titled: “Larry Berman: A defensive tack for the late stages of market cycle” on September 04, 2016. Theglobeandmail.com‘s news article titled: “Larry Berman: With infrastructure, don’t get caught up in the trade of the day” with publication date: November 17, 2016 was also an interesting one.

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