PSP Crosses Below Key Moving Average Level

In trading on Friday, shares of the PowerShares Global Listed Private Equity Portfolio ETF (PSP) crossed below their 200 day moving average of $11.87, changing hands as low as $11.75 per share. PowerShares Global Listed Private Equity Portfolio shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of PSP shares, versus its 200 day moving average:

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PowerShares Global Listed Private Equity Portfolio 200 Day Moving Average Chart

Looking at the chart above, PSP's low point in its 52 week range is $10.41 per share, with $12.50 as the 52 week high point — that compares with a last trade of $11.79.

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