HomeMost PopularFPE Breaks Above Key Moving Average, Signaling Bullish Momentum

FPE Breaks Above Key Moving Average, Signaling Bullish Momentum

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First Trust Preferred Securities ETF Surpasses Key Moving Average

FPE Shares Show Positive Movement Amid Market Fluctuations

On Wednesday, shares of the First Trust Preferred Securities and Income ETF (Symbol: FPE) exceeded their 200-day moving average of $17.65, reaching a high of $17.74 per share. Currently, shares of First Trust Preferred Securities and Income are up approximately 0.8% for the day. The chart below illustrates the one-year performance of FPE against its 200-day moving average:

First Trust Preferred Securities and Income 200 Day Moving Average Chart

The chart reveals that FPE’s 52-week low stands at $16.82 per share, while the 52-week high is at $18.23. The most recent trade price was $17.70, indicating the ETF has been performing steadily within its range.

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

Also see:

• CQH Options Chain
• Funds Holding BMVP
• BBT Insider Buying

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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