Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAX) Shares Up 0.6% – What’s Next?

Hamilton Canadian Financials Yield Maximizer ETF (TSE:HMAX – Get Free Report) was up 0.6% on Thursday . The stock traded as high as C$17.70 and last traded at C$17.61. Approximately 226,417 shares traded hands during trading, a decline of 39% from the average daily volume of 373,932 shares. The stock had previously closed at C$17.50.

Hamilton Canadian Financials Yield Maximizer ETF Price Performance

The business has a 50-day simple moving average of C$17.94 and a two-hundred day simple moving average of C$17.19.

Hamilton Canadian Financials Yield Maximizer ETF Company Profile

(Get Free Report)

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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