First Trust Preferred Securities and Income Breaks Above 200-Day Moving Average - Bullish for FPE
ETF Channel Staff - Tuesday, November 14, 11:15 AMIn trading on Tuesday, shares of the First Trust Preferred Securities and Income ETF (FPE) crossed above their 200 day moving average of $16.20, changing hands as high as $16.31 per share. First Trust Preferred Securities and Income shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of FPE shares, versus its 200 day moving average:
Looking at the chart above, FPE's low point in its 52 week range is $15.23 per share, with $18.29 as the 52 week high point — that compares with a last trade of $16.27.
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