On Wednesday, the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) saw its shares rise above the important 200-day moving average, previously set at $94.73. The trading peaked at $94.85 each, marking a slight increase of about 0.2% for the day. Below, you can see a chart illustrating the performance of IEF shares over the last year compared to the 200-day moving average:
Examining the chart, IEF reached a 52-week low of $91.02 per share, with its peak hitting $99.18. Currently, its last trade sits at $94.70.
Discover Outstanding Dividend Opportunities: Top 8%+ Dividends (paid monthly)
Click here to see nine other ETFs that have recently crossed above their 200-day moving average »
Explore More:
- BTEC Options Chain
- WPXP Videos
- Top Ten Hedge Funds Holding UTHR
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
