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 April 23, 2024, KIE stock price climbed to $49.75 with 1,552,838 million shares trading.

KIE has a beta of 0.47, meaning it tends to be less sensitive to market movements. KIE has a correlation of 0.20 to the broad based SPY ETF.

KIE has a market cap of $718.89 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 +25.6% while the SPY ETF gained +24.3%. KIE has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +5.3% and -2.4%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

KIE support price is $48.96 and resistance is $49.96 (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.