IXG Crosses Below Key Moving Average Level

In trading on Monday, shares of the iShares Global Financials ETF ( IXG) crossed below their 200 day moving average of $52.77, changing hands as low as $52.72 per share. iShares Global Financials shares are currently trading off about 1.4% on the day. The chart below shows the one year performance of IXG shares, versus its 200 day moving average:

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iShares Global Financials 200 Day Moving Average Chart

Looking at the chart above, IXG's low point in its 52 week range is $46.82 per share, with $56.93 as the 52 week high point — that compares with a last trade of $52.71.

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