PowerShares Financial Preferred Portfolio Breaks Above 200-Day Moving Average - Bullish for PGF

In trading on Monday, shares of the PowerShares Financial Preferred Portfolio ETF (PGF) crossed above their 200 day moving average of $18.71, changing hands as high as $18.84 per share. PowerShares Financial Preferred Portfolio shares are currently trading up about 0.9% on the day..
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