IGIB Crosses Above Key Moving Average Level
In trading on Wednesday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) crossed above their 200 day moving average of $50.84, changing hands as high as $50.92 per share. iShares 5-10 Year Investment Grade Corporate Bond shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of IGIB shares, versus its 200 day moving average:
Looking at the chart above, IGIB's low point in its 52 week range is $46.81 per share, with $58.54 as the 52 week high point — that compares with a last trade of $50.84.
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