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In trading on Friday, shares of the Invesco Water Resources ETF (Symbol: PHO) crossed above their 200 day moving average of $49.98, changing hands as high as $50.46 per share. Invesco Water Resources shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of PHO shares, versus its 200 day moving average:
Looking at the chart above, PHO’s low point in its 52 week range is $43.2201 per share, with $61.109 as the 52 week high point — that compares with a last trade of $50.41.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Image and article originally from www.nasdaq.com. Read the original article here.