iShares U.S. Financials Breaks Above 200-Day Moving Average – Bullish for IYF

In trading on Thursday, shares of the iShares U.S. Financials ETF (Symbol: IYF) crossed above their 200 day moving average of $124.36, changing hands as high as $125.04 per share. iShares U.S. Financials shares are currently trading up about 2.6% on the day. The chart below shows the one year performance of IYF shares, versus its 200 day moving average:

Looking at the chart above, IYF’s low point in its 52 week range is $113.62 per share, with $133.54 as the 52 week high point — that compares with a last trade of $124.75.

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

Further IYF Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.