PowerShares Build America Bond Portfolio Shares Up 16.7% Since SmarTrend's Buy Recommendation (BAB)
SmarTrend identified an Uptrend for PowerShares Build America Bond Portfolio (NYSE:BAB) on May 3rd, 2011 at $25.94. In approximately 20 months, PowerShares Build America Bond Portfolio has returned 16.68% as of today's recent price of $30.26.
In the past 52 weeks, PowerShares Build America Bond Portfolio share prices have been bracketed by a low of $28.28 and a high of $30.94 and are now at $30.34, 7% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.06% higher over the past week, respectively.
PowerShares Build America Bond Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield of an index called The BofA Merrill Lynch Build America Bond Index. The Fund invest at least 80% of its total assets in taxable municipal securities eligible to participate in the Build America Bond program.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of PowerShares Build America Bond Portfolio shares.
Log in and add PowerShares Build America Bond Portfolio (BAB) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
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