PEY Crosses Below Key Moving Average Level

In trading on Friday, shares of the PowerShares High Yield Equity Dividend Achievers Portfolio ETF ( PEY) crossed below their 200 day moving average of $13.16, changing hands as low as $13.10 per share. PowerShares High Yield Equity Dividend Achievers Portfolio shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of PEY shares, versus its 200 day moving average:

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PowerShares High Yield Equity Dividend Achievers Portfolio 200 Day Moving Average Chart

Looking at the chart above, PEY's low point in its 52 week range is $11.98 per share, with $13.76 as the 52 week high point — that compares with a last trade of $13.19.

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