In trading on Friday, shares of the iShares S&P 500 Value ETF (Symbol: IVE) crossed above their 200 day moving average of $117.24, changing hands as high as $117.90 per share. iShares S&P 500 Value shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of IVE shares, versus its 200 day moving average:
Looking at the chart above, IVE's low point in its 52 week range is $81.70 per share, with $132.10 as the 52 week high point — that compares with a last trade of $117.23.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.