Significant 200-Day Moving Average Crossover – IYG Update

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iShares U.S. Financial Services ETF Drops Below Key Moving Average

In trading on Thursday, shares of the iShares U.S. Financial Services ETF (Symbol: IYG) fell below their 200-day moving average, which sits at $74.87. The stock traded as low as $74.52 per share and is currently down approximately 6% for the day. The chart below illustrates the one-year performance of IYG shares in relation to its 200-day moving average:

iShares U.S. Financial Services 200 Day Moving Average Chart

According to the chart, IYG’s lowest point in the past 52 weeks was $62.13 per share, while the highest point reached $84.91. The last recorded trade for IYG stands at $74.65.

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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