BMO S&P 500 Index ETF Overview and Stock Price Analysis

The BMO S&P 500 Index ETF is a popular investment option for Canadians looking to diversify their portfolios. It tracks the S&P 500 Index, which is a benchmark of the US stock market.

The BMO S&P 500 Index ETF has a low management fee of 0.11% and a total expense ratio of 0.14%. This makes it a cost-effective option for investors.

This ETF invests in a basket of 500 of the largest US companies, giving investors exposure to a broad range of industries and sectors.

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The BMO S&P 500 Index ETF has a legal name of BMO Asset Management Inc - BMO S&P 500 Index ETF.

It was launched on October 14, 2022, making it a relatively new addition to the market.

The fund is denominated in USD, the primary currency used in the US financial system.

Here are some key details about the fund:

The fund's legal name is BMO Asset Management Inc - BMO S&P 500 Index ETF.

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This fund is affiliated with BMO Asset Management Inc, which is a well-established name in the financial industry.

The fund's inception date is October 14, 2022.

The currency used for this fund is USD, which is the standard currency for US-based investments.

The fund's shares outstanding and share class information is not publicly available.

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Stock symbols are essentially codes that identify specific stocks on stock exchanges, and they can vary depending on the exchange.

The BMO S&P 500 Index ETF has a stock symbol of ZSP-T on the Toronto Stock Exchange.

You might see it referred to as TSX:ZSP or ZSP-T, which are essentially different ways of referencing the same symbol.

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The BMO S&P 500 Index ETF has seen some impressive returns over the years. Its YTD return is a respectable 0.4%.

For a one-year perspective, the ETF has performed exceptionally well, with a 28.3% return. This is a significant jump from the previous year.

Here are the ETF's returns over various periods:

Unfortunately, the ETF's performance for the 3-year, 5-year, and 10-year periods are not available.

The rating for BMO S&P 500 Index ETF is calculated according to stock experts' signals. A high score means experts mostly recommend buying the stock.

The score is based on the experts' signals, and it's a simple way to gauge their opinion on the stock.

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Stock ratings can be a valuable tool for investors, helping them make informed decisions about their portfolio.

A high score in a stock rating system typically means that experts recommend buying the stock, while a low score means they recommend selling it.

Stockchase rating, for example, is calculated according to experts' signals, indicating whether they think a stock is a good buy or sell.

Experts' signals can be based on various factors, including the stock's performance, industry trends, and overall market conditions.

The Stockchase rating for BMO S&P 500 Index ETF, specifically, is calculated based on experts' signals, with a high score indicating a buy recommendation and a low score indicating a sell recommendation.

This rating system can be a useful resource for investors looking to make informed decisions about their portfolio.

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When evaluating a stock, it's essential to know if it's worth watching. One stock analyst on Stockchase covered BMO S&P 500 Index ETF in the last year.

Having even one analyst covering a stock is a good sign, indicating it's a trending stock worth keeping an eye on.

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The BMO S&P 500 Index ETF (ZSP-T) stock price closed at $93.83 on January 3rd, 2025.

If you're interested in tracking the stock's performance, you can add it to your watchlist to receive important alerts and monitor it daily. This will help you stay on top of any changes in the stock's price and chart.

Here's a snapshot of the top holdings in the BMO S&P 500 Index ETF, as of the latest available data:

The stock price can drop due to earnings reports, which can reveal weaker-than-expected profits or revenues. This can lead to a decline in investor confidence and a subsequent drop in stock price.

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Recent company news, such as a major product recall or a key executive leaving the company, can also cause the stock price to drop. These events can raise concerns among investors and lead to a sell-off.

Earnings reports can also reveal changes in a company's financial outlook, which can impact the stock price. This can be a major concern for investors, especially if the company's financial health is already questionable.

Recent company news can be unpredictable and may not always be reported in advance. This can make it difficult for investors to prepare for a potential stock price drop.

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The stock price of an ETF like BMO S&P 500 Index ETF (ZSP-T) can fluctuate daily, as seen on 2025-01-03 when it closed at $93.83.

Stock prices are influenced by various factors, including changes in the overall market, company performance, and investor sentiment.

A stock's price can change rapidly, as shown by the 5-day change in price for the top holdings of BMO S&P 500 Index ETF, ranging from -4.79% for Apple Inc. to +8.22% for Tesla, Inc.

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The weight of each holding in the ETF also affects the overall stock price, with Apple Inc. holding a 7.06% weight.

Here are the top holdings of BMO S&P 500 Index ETF, along with their current prices and changes:

The USD chart is a crucial tool for investors and traders. It helps visualize the value of the US dollar over time.

The chart typically shows the USD's performance against other major currencies, such as the euro or Japanese yen.

The BMO S&P 500 Index ETF is a well-diversified investment option that tracks a specific index. The underlying index is the S&P 500 Daily Total Return Index - USD.

This index is comprised of the 500 largest publicly traded companies in the US, giving you exposure to a broad range of large-cap equities. The asset class is Equities, with a sector restriction of No restriction.

The fund's expense ratio is relatively low at 0.09%, which is a significant consideration when evaluating investment costs. The provider of this ETF is BMO.

Here's a quick rundown of the fund's key characteristics: