First Trust Managed Municipal ETF Surpasses Key 200-Day Average

Positive Movement Observed in FMB Shares

On Tuesday, shares of the First Trust Managed Municipal ETF (Symbol: FMB) climbed above their 200-day moving average of $51.36, reaching a high of $51.46 during trading. Currently, the shares are up about 0.5% for the day. Below is the performance chart of FMB shares over the past year, alongside its 200-day moving average:

As observed in the chart, FMB shares have fluctuated within a 52-week range, reaching a low of $48.10 and a high of $52.13. The most recent trading price stands at $51.43.

Click here to find out which 9 other ETFs recently crossed above their 200-day moving average »

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