PGF Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the PowerShares Financial Preferred Portfolio ETF (PGF) crossed below their 200 day moving average of $18.03, changing hands as low as $18.02 per share. PowerShares Financial Preferred Portfolio shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of PGF shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

PowerShares Financial Preferred Portfolio 200 Day Moving Average Chart

Looking at the chart above, PGF's low point in its 52 week range is $16.81 per share, with $18.32 as the 52 week high point — that compares with a last trade of $18.02.

More from Stocks

Biotech's Coming Back to Life: Cramer's 'Off the Charts'

Biotech's Coming Back to Life: Cramer's 'Off the Charts'

Video: Here's How Goldman Sachs May Change Under David Solomon

Video: Here's How Goldman Sachs May Change Under David Solomon

J&J Vows to Fight Verdict Linking Baby Powder to Ovarian Cancer

J&J Vows to Fight Verdict Linking Baby Powder to Ovarian Cancer

3 Reasons Why Netflix Bulls Are Getting Their Face Ripped Off After Earnings

3 Reasons Why Netflix Bulls Are Getting Their Face Ripped Off After Earnings

Markets Close Higher After Fed Chair Powell's Capitol Hill Testimony

Markets Close Higher After Fed Chair Powell's Capitol Hill Testimony