KBWD Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD) crossed below their 200 day moving average of $25.59, changing hands as low as $25.46 per share. PowerShares KBW High Dividend Yield Financial Portfolio shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of KBWD shares, versus its 200 day moving average:

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PowerShares KBW High Dividend Yield Financial Portfolio 200 Day Moving Average Chart

Looking at the chart above, KBWD's low point in its 52 week range is $22.60 per share, with $26.36 as the 52 week high point — that compares with a last trade of $25.53.

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