iShares CMBS Falls Below Key 200-Day Moving Average – Implications for the Market

On Thursday, shares of the iShares CMBS ETF (CMBS) dropped below their 200-day moving average of $48.96, trading as low as $48.80. As of the latest update, CMBS shares were down approximately 0.1% for the day. The ETF’s 52-week range shows a low of $47.45 and a high of $50.09, with the last trade recorded at $48.96.