First Trust Strategic Value Index Fund Breaks Above 200-Day Moving Average

First Trust Strategic Value Index Fund Breaks Above 200-Day Moving Average - Bullish for FDV

Posted on August 03, 2012 at 15:52 PM EDT

In trading on Friday, shares of the First Trust Strategic Value Index Fund ETF (FDV) crossed above their 200 day moving average of $23.29, changing hands as high as $23.59 per share. First Trust Strategic Value Index Fund shares are currently trading up about 2.5% on the day.

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