Invesco Frontier Markets ETF (NYSEARCA:FRN) Stock Passes Above 50 Day Moving Average – Here’s Why

Shares of Invesco Frontier Markets ETF (NYSEARCA:FRN) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.28 and traded as high as $14.28. Invesco Frontier Markets ETF shares last traded at $14.28, with a volume of 37,400 shares trading hands.

Invesco Frontier Markets ETF Stock Up 0.8%

The firm has a 50 day moving average price of $14.28 and a 200-day moving average price of $14.28.

About Invesco Frontier Markets ETF

Guggenheim Frontier Markets ETF (the Fund), formerly Claymore/BNY Mellon Frontier Markets ETF, seeks investment results that correspond generally to the performance of an equity index called Bank of New York Mellon New Frontier DR Index (the Frontier Index). The Fund will invest at least 80% of its total assets in American depositary receipts (ADRs) and global depositary receipts (GDRs) that consists of the Index or in the stocks underlying such ADRs and GDRs. The Fund also will invest at least 80% of its total assets in securities of issuers from Frontier Market countries.