IGU Makes Notable Cross Below Critical Moving Average
May 28, 2013 at 16:03 PM EDT
In trading on Tuesday, shares of the Proshares Ultra Investment Grade Corporate ETF (IGU) crossed below their 200 day moving average of $55.21, changing hands as low as $54.53 per share. Proshares Ultra Investment Grade Corporate shares are currently trading off about 2.8% on the day.