FRI Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of the First Trust S&P REIT Index Fund ETF (FRI) crossed above their 200 day moving average of $18.70, changing hands as high as $18.78 per share. First Trust S&P REIT Index Fund shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of FRI shares, versus its 200 day moving average:

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First Trust S&P REIT Index Fund 200 Day Moving Average Chart

Looking at the chart above, FRI's low point in its 52 week range is $16.57 per share, with $21.33 as the 52 week high point — that compares with a last trade of $18.71.

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