Intermediate Muni ETF Falls Below Key Moving Average on Friday
Shares drop slightly as traders monitor performance
In trading on Friday, shares of the Intermediate Muni ETF (Symbol: ITM) slipped below their 200-day moving average of $46.27. They traded as low as $46.23 per share, reflecting a decrease of about 0.3% for the day. The following chart illustrates the one-year performance of ITM shares compared to their 200-day moving average:
As we examine the chart, it’s clear that ITM’s lowest point in the past year was $45.30, while the highest peaked at $47.1499. The latest trade occurred at $46.24.
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Click here to discover which 9 other ETFs recently crossed below their 200-day moving average »
Also see:
- CLSK Past Earnings
- KURA YTD Return
- Institutional Holders of FETH
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
