iShares U.S. Financial Services Breaks Above 200-Day Moving Average – Bullish for IYG

In trading on Thursday, shares of the iShares U.S. Financial Services ETF (Symbol: IYG) crossed above their 200 day moving average of $88.24, changing hands as high as $88.54 per share. iShares U.S. Financial Services shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of IYG shares, versus its 200 day moving average:

Looking at the chart above, IYG’s low point in its 52 week range is $79.865 per share, with $95.75 as the 52 week high point — that compares with a last trade of $88.35.

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

Further IYG Research:

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