CNPF Crosses Above Key Moving Average Level

In trading on Friday, shares of the Canada Preferred ETF (CNPF) crossed above their 200 day moving average of $14.57, changing hands as high as $15.00 per share. Canada Preferred shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of CNPF shares, versus its 200 day moving average:

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Canada Preferred 200 Day Moving Average Chart

Looking at the chart above, CNPF's low point in its 52 week range is $13.74 per share, with $16.00 as the 52 week high point — that compares with a last trade of $14.62.

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