In trading on Monday, shares of the SPDR Wells Fargo Preferred Stock ETF (PSK) crossed above their 200 day moving average of $45.71, changing hands as high as $45.74 per share. SPDR Wells Fargo Preferred Stock shares are currently trading trading flat on the day. The chart below shows the one year performance of PSK shares, versus its 200 day moving average:
Bullish Two Hundred Day Moving Average Cross - PSK
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