IGU Crosses Below Key Moving Average Level
March 08, 2013 at 16:23 PM EST
In trading on Friday, shares of the Proshares Ultra Investment Grade Corporate ETF (IGU) crossed below their 200 day moving average of $53.91, changing hands as low as $53.72 per share. Proshares Ultra Investment Grade Corporate shares are currently trading off about 1.5% on the day.
