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 $56.49, changing hands as low as $56.04 per share. iShares Global Financials shares are currently trading down about 1.3% 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 $51.96 per share, with $58.99 as the 52 week high point — that compares with a last trade of $56.28.

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