In trading on Wednesday, shares of the iShares Nasdaq Biotechnology ETF (Symbol: IBB) crossed below their 200 day moving average of $110.94, changing hands as low as $109.81 per share. iShares Nasdaq Biotechnology shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of IBB shares, versus its 200 day moving average:
Looking at the chart above, IBB's low point in its 52 week range is $89.01 per share, with $122.97 as the 52 week high point - that compares with a last trade of $110.05.
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