FRI Crosses Below Key Moving Average Level

In trading on Thursday, shares of the First Trust S&P REIT Index Fund ETF (FRI) crossed below their 200 day moving average of $22.00, changing hands as low as $21.94 per share. First Trust S&P REIT Index Fund shares are currently trading off about 0.8% on the day. The chart below shows the one year performance of FRI shares, versus its 200 day moving average:

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First Trust S&P REIT Index Fund 200 Day Moving Average Chart

Looking at the chart above, FRI's low point in its 52 week range is $19.46 per share, with $24.46 as the 52 week high point — that compares with a last trade of $22.00.

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