On Wednesday, shares of the Hoya Capital High Dividend Yield ETF (RIET) dropped below their 200-day moving average of $9.49, trading as low as $9.47 per share. Currently, the shares are down approximately 0.5% for the day.
Over the past year, RIET’s price has fluctuated within a 52-week range of $8.7501 to $10.12 per share. The last recorded trade at $9.47 represents significant movement below its established average.
