iShares iBoxx LQD ETF Dips Below Key Moving Average
Pondering LQD’s Performance and Market Trends
On Tuesday, trading revealed that shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) fell below their 200-day moving average of $108.86, reaching a low of $108.66 per share. Currently, LQD shares are down approximately 0.2% for the day. The chart below illustrates LQD’s performance over the past year alongside its 200-day moving average:
The analysis shows that LQD’s 52-week low stands at $99.01 per share, while its peak reached $114.07. As of now, the last traded price is noted at $108.89.
Click here to discover which 9 other ETFs have also dropped below their 200-day moving average »
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