Notable Two Hundred Day Moving Average Cross - PIE

In trading on Thursday, shares of the PowerShares DWA Emerging Markets Momentum Portfolio ETF (PIE) crossed below their 200 day moving average of $18.51, changing hands as low as $18.42 per share. PowerShares DWA Emerging Markets Momentum Portfolio shares are currently trading down about 0.9% on the day. The chart below shows the one year performance of PIE shares, versus its 200 day moving average:

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PowerShares DWA Emerging Markets Momentum Portfolio 200 Day Moving Average Chart

Looking at the chart above, PIE's low point in its 52 week range is $16.77 per share, with $20.22 as the 52 week high point — that compares with a last trade of $18.48.

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