ZUT.CA Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of BMO Equal Weight Utilities Index ETF (TSX: ZUT.TO) crossed below their 200 day moving average of $15.49, changing hands as low as $15.30 per share. BMO Equal Weight Utilities Index ETF shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of ZUT shares, versus its 200 day moving average:

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BMO Equal Weight Utilities Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZUT's low point in its 52 week range is $13.94 per share, with $16.08 as the 52 week high point — that compares with a last trade of $15.30.

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