Invesco Variable Rate Preferred Breaks Below 200-Day Moving Average - Notable for VRP
In trading on Monday, shares of the Invesco Variable Rate Preferred ETF (Symbol: VRP) crossed below their 200 day moving average of $24.40, changing hands as low as $24.30 per share. Invesco Variable Rate Preferred shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of VRP shares, versus its 200 day moving average:
Looking at the chart above, VRP's low point in its 52 week range is $23.03 per share, with $24.93 as the 52 week high point — that compares with a last trade of $24.32.
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »
Also see:
MLPs Hedge Funds Are Selling IGM Average Annual Return
Funds Holding WINV
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.