XMHQ Experiences Significant Drop Below Key Moving Average

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Invesco S&P MidCap Quality ETF Dips Below Key Moving Average

On Friday, shares of the Invesco S&P MidCap Quality ETF (Symbol: XMHQ) fell below their 200-day moving average of $102.15. The lowest trade price recorded was $102.05 per share, marking a decline of around 1.2% for the day. Below is a chart illustrating the one-year performance of XMHQ shares in comparison to its 200-day moving average:

Invesco S&P MidCap Quality 200 Day Moving Average Chart

In examining the chart, it is notable that XMHQ reached its lowest point in the past 52 weeks at $81.66 per share, while the highest point was $110.6084. Currently, the last traded price stands at $102.29.

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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