HomeMost Popular"FLTR Experiences Significant Decline as Investment Grade Floating Rate Dips Below 200-Day...

“FLTR Experiences Significant Decline as Investment Grade Floating Rate Dips Below 200-Day Moving Average”

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Investment Grade Floating Rate ETF Dips Below Key Average

ETF FLTR Trades Below 200-Day Moving Average, Posting Minor Losses

On Friday, shares of the Investment Grade Floating Rate ETF (Symbol: FLTR) fell below their 200-day moving average of $25.43. They traded as low as $25.41 per share, marking a slight decline of about 0.4% for the day. The accompanying chart illustrates the performance of FLTR over the past year in relation to its 200-day moving average:

Investment Grade Floating Rate 200 Day Moving Average Chart

Analyzing the chart, FLTR reached a low point of $25 per share within the last 52 weeks, while the 52-week high was recorded at $25.54. Current trading stands at $25.41, illustrating a modest movement.

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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