In trading on Friday, shares of the iShares Mortgage Real Estate ETF (Symbol: REM) crossed above their 200 day moving average of $42.65, changing hands as high as $42.81 per share. iShares Mortgage Real Estate shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of REM shares, versus its 200 day moving average:
Looking at the chart above, REM's low point in its 52 week range is $37.96 per share, with $44.45 as the 52 week high point — that compares with a last trade of $42.72.
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