SPDR Wells Fargo Preferred Stock (PSK) Shares Cross Below 200 DMA

In trading on Friday, shares of the SPDR Wells Fargo Preferred Stock ETF (PSK) crossed below their 200 day moving average of $43.54, changing hands as low as $43.19 per share. SPDR Wells Fargo Preferred Stock shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of PSK shares, versus its 200 day moving average:

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SPDR Wells Fargo Preferred Stock 200 Day Moving Average Chart

Looking at the chart above, PSK's low point in its 52 week range is $39.12 per share, with $44.96 as the 52 week high point — that compares with a last trade of $43.26.

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