PowerShares Water Resources Portfolio (PHO) Shares Cross Above 200 DMA

In trading on Friday, shares of the PowerShares Water Resources Portfolio ETF (PHO) crossed above their 200 day moving average of $25.25, changing hands as high as $25.45 per share. PowerShares Water Resources Portfolio shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of PHO shares, versus its 200 day moving average:

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PowerShares Water Resources Portfolio 200 Day Moving Average Chart

Looking at the chart above, PHO's low point in its 52 week range is $23.17 per share, with $27.10 as the 52 week high point — that compares with a last trade of $25.35.

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