iShares Broad USD Investment Grade Corporate Bond Falls Below Key 200-Day Moving Average: A Significant Development for USIG

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iShares Broad USD Investment Grade Corporate Bond ETF Struggles Below Key Average

On Friday, shares of the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) slipped below their 200-day moving average of $50.86, reaching a low of $50.73 per share. As of now, USIG is down about 0.7% for the day. Below is a chart illustrating the one-year performance of USIG shares alongside its 200-day moving average:

iShares Broad USD Investment Grade Corporate Bond 200 Day Moving Average Chart

The 52-week range for USIG shows its lowest point at $47.6528 per share, while the highest was $52.935. The most recent trade price stands at $50.70.


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Click here to find out which 9 other ETFs recently crossed below their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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