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Putnam Managed Municipal Income Trust (PMM) Shares Cross Above 200 DMA

By Market News Video Staff, Wednesday, December 6, 4:00 PM ET
Play Video: Learn About The 200 DMA


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In trading on Wednesday, shares of Putnam Managed Municipal Income Trust (NYSE:PMM) crossed above their 200 day moving average of $7.48, changing hands as high as $7.50 per share. Putnam Managed Municipal Income Trust shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of PMM shares, versus its 200 day moving average:

Putnam Managed Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, PMM's low point in its 52 week range is $6.97 per share, with $7.72 as the 52 week high point that compares with a last trade of $7.48.


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According to the ETF Finder at ETF Channel, PMM makes up 1.07% of the CEF Municipal Income ETF (AMEX:XMPT) which is trading higher by about 0.9% on the day Wednesday.

See what other ETFs contain PMM
See what other stocks are held by XMPT


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