KIE Stock Summary and Trading Ideas (SPDR S&P Insurance ETF | ARCA:KIE)

The SPDR KBW Insurance ETF before expenses seeks to closely match the returns and characteristics of the KBW Insurance Index (ticker: KIX).

SPDR S&P Insurance ETF trades on the ARCA stock market under the symbol KIE.

As of May 13, 2024, KIE stock price declined to $50.91 with 849,881 million shares trading.

KIE has a beta of 0.45, meaning it tends to be less sensitive to market movements. KIE has a correlation of 0.18 to the broad based SPY ETF.

KIE has a market cap of $720.38 million. This is considered a Small Cap stock.

In the last 3 years, KIE stock traded as high as $52.26 and as low as $35.38.

KIE has outperformed the market in the last year with a price return of +29.9% while the SPY ETF gained +28.2%. KIE has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.2% and +4.3%, respectively, while the SPY returned +5.8% and +2.1%, respectively.

KIE support price is $50.85 and resistance is $51.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KIE stock will trade within this expected range on the day.