Global X US Preferred ETF Sinks Below Key Average

On Friday, Global X US Preferred ETF (Symbol: PFFD) shares fell below their significant 200-day moving average of $20.08, trading as low as $20.03 each. Currently, shares are down approximately 0.2% for the day. Below is a chart illustrating the one-year performance of PFFD in relation to its 200-day average:

The chart shows that PFFD’s lowest price in the past 52 weeks reached $19.06, while the highest point was $21.08. As of the last trade, the share price stands at $20.05.

Check out which 9 other ETFs have recently fallen below their 200-day moving averages »

Also see:

• Socially Responsible Dividend Stocks
• KOOL YTD Return
• BBJP Videos

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