STWD Crosses Above Key Moving Average Level

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In trading on Friday, shares of Starwood Property Trust Inc. (Symbol: STWD) crossed above their 200 day moving average of $21.36, changing hands as high as $21.39 per share. Starwood Property Trust Inc. shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of STWD shares, versus its 200 day moving average: Starwood Property Trust Inc. 200 Day Moving Average Chart

Looking at the chart above, STWD's low point in its 52 week range is $19.47 per share, with $23.01 as the 52 week high point - that compares with a last trade of $21.30.

According to the ETF Finder at ETF Channel, STWD makes up 8.05% of the iShares Mortgage Real Estate ETF (Symbol: REM) which is trading higher by about 1% on the day Friday.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average ┬╗

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

This article appears in: Investing , Options
Referenced Symbols: STWD , REM

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