On Wednesday, shares of the iShares Mortgage Real Estate ETF (REM) exceeded their 200-day moving average of $22.23, trading as high as $22.48. The ETF saw a gain of approximately 1.2% for the day.
Over the past year, REM’s shares have fluctuated between a low of $20.405 and a high of $24.05, with the latest trade recorded at $22.28.
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