Friday's ETF with Unusual Volume: KIE
ETF Channel Staff - Friday, January 23, 11:08 AMThe SPDR S&P Insurance ETF (KIE) is seeing unusually high volume in afternoon trading Friday, with over 745,000 shares traded versus three month average volume of about 49,000. Shares of KIE were off about 0.7% on the day.
Components of that ETF with the highest volume on Friday were Metlife (MET), trading down about 1% with over 1.7 million shares changing hands so far this session, and American International Group (AIG), off about 0.8% on volume of over 1.2 million shares. MBIA (MBI) is the component faring the best Friday, up by about 0.1% on the day, while Genworth Financial (GNW) is lagging other components of the SPDR S&P Insurance ETF, trading lower by about 2.2%.