The XAR crosses below the key moving average level

During Wednesday’s trading, shares of the SPDR S&P Aerospace & Defense ETF (Symbol: XAR) broke below their 200-day moving average of $113.36, changing hands as low as $112.99 per share . Shares of SPDR S&P Aerospace & Defense are currently trading around 1.7% higher on the day. The chart below shows the one-year performance of XAR shares, compared to its 200-day moving average:

Looking at the chart above, XAR’s low point in its 52-week range is $95.46 per share, with $127.90 as its 52-week high – compare with a last trade of 113.54 $.

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

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