Notable Two Hundred Day Moving Average Cross - SPHD

In trading on Thursday, shares of the PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) crossed below their 200 day moving average of $32.36, changing hands as low as $32.34 per share. PowerShares S&P 500 High Dividend Portfolio shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of SPHD shares, versus its 200 day moving average:

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PowerShares S&P 500 High Dividend Portfolio 200 Day Moving Average Chart

Looking at the chart above, SPHD's low point in its 52 week range is $29.62 per share, with $35.38 as the 52 week high point — that compares with a last trade of $32.35.

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