BMO Equal Weight US Banks Index ETF (TSE:ZBK) Hits New 1-Year High – Still a Buy?

BMO Equal Weight US Banks Index ETF (TSE:ZBK)’s share price hit a new 52-week high on Wednesday . The company traded as high as C$40.62 and last traded at C$40.45, with a volume of 7644 shares changing hands. The stock had previously closed at C$39.90.

BMO Equal Weight US Banks Index ETF Price Performance

The firm’s 50-day moving average price is C$38.53 and its 200-day moving average price is C$35.03.

About BMO Equal Weight US Banks Index ETF

Zions Bancorporation engages in the provision of banking and related services and offers commercial, retail banking and mortgage lending products & services. Its products involves personal banking services to individuals, including home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposit, and Internet & mobile banking.