PFFD Struggles as It Dips Below Key Moving Average Indicator

Avatar photo

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:

Global X US Preferred 200 Day Moving Average Chart

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.

The free Daily Market Overview 250k traders and investors are reading

Read Now