Notable Two Hundred Day Moving Average Cross - KME

In trading on Friday, shares of the SPDR S&P Mortgage Finance ETF (KME) crossed below their 200 day moving average of $46.09, changing hands as low as $46.00 per share. SPDR S&P Mortgage Finance shares are currently trading off about 1.5% on the day. The chart below shows the one year performance of KME shares, versus its 200 day moving average:

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SPDR S&P Mortgage Finance 200 Day Moving Average Chart

Looking at the chart above, KME's low point in its 52 week range is $36.21 per share, with $53.73 as the 52 week high point — that compares with a last trade of $48.55.

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