In trading on Friday, shares of the First Trust Managed Municipal ETF (Symbol: FMB) crossed below their 200 day moving average of $57.04, changing hands as low as $57.02 per share. First Trust Managed Municipal shares are currently trading down about 0.1% 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 $55.28 per share, with $57.8399 as the 52 week high point — that compares with a last trade of $57.05.
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