REET crosses above the key moving average level

IDuring Friday’s session, shares of the iShares Global REIT ETF (ticker: REET) broke above their 200-day moving average of $28.77, changing hands as high as $28.80 per share. Shares of iShares Global REIT are currently trading up around 0.6% on the day. The chart below shows the one-year performance of REET shares, compared to its 200-day moving average:

Looking at the chart above, REET’s low point in its 52-week range is $24.82 per share, with $30.78 as its 52-week high – compare with a last trade of 28.77 $.

Click here to find out which 9 other ETFs have recently exceeded their 200-day moving average »

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