PacWest Bancorp Shares Cross Below 200 DMA

In trading on Thursday, shares of PacWest Bancorp ( PACW) crossed below their 200 day moving average of $41.95, changing hands as low as $41.44 per share. PacWest Bancorp shares are currently trading down about 2.3% on the day. The chart below shows the one year performance of PACW shares, versus its 200 day moving average:

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PacWest Bancorp 200 Day Moving Average Chart

Looking at the chart above, PACW's low point in its 52 week range is $33.84 per share, with $47.37 as the 52 week high point — that compares with a last trade of $41.63.

According to the ETF Finder at ETF Channel, PACW makes up 2.85% of the Proshares Ultra KBW Regional Banking ETF ( KRU) which is trading lower by about 2.9% on the day Thursday.

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