First Trust Managed Municipal Breaks Above 200-Day Moving Average – Bullish for FMB

In trading on Tuesday, shares of the First Trust Managed Municipal ETF (Symbol: FMB) crossed above their 200 day moving average of $51.36, changing hands as high as $51.46 per share. First Trust Managed Municipal shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of FMB shares, versus its 200 day moving average:

Looking at the chart above, FMB’s low point in its 52 week range is $48.10 per share, with $52.13 as the 52 week high point — that compares with a last trade of $51.43.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Also see:

• Institutional Holders of IIIN
• Top Ten Hedge Funds Holding ALX
• INNL Options Chain

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