In trading on Monday, shares of the USMC ETF (Symbol: USMC) crossed above their 200 day moving average of $29.49, changing hands as high as $29.54 per share. USMC shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of USMC shares, versus its 200 day moving average:
Looking at the chart above, USMC's low point in its 52 week range is $22.45 per share, with $32.93 as the 52 week high point — that compares with a last trade of $29.46.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
