Overview of KIE

The SPDR S&P Insurance ETF (KIE) invests in a portfolio of insurance stocks and seeks to provide returns that correspond to the S&P Insurance Select Industry Index, which is an equal-weighted index of insurance companies. Its equal weighting means that it’s tilted toward smaller companies.

KIE is the most liquid insurance ETF available in the country and is also among the cheapest, with an expense ratio of 0.35%. Its top holdings are Arch Capital Group (ACGL), CNO Financial Group (CNO), Assurant (AIZ), Progressive, and Ace (ACE).

KIE Trades above Its Moving Averages: How Does SPY Compare?

In 2016 so far, shares of KIE have fallen 1.8%. Comparatively, the broad-based stock market represented by the S&P 500 SPDR ETF (SPY) has fallen 0.3% in the same period.

Moving average analysis

On March 24, 2016, KIE closed at $68.13, above its 100-day, 50-day, and 20-day moving averages of $68.02, $65.57, and $67.84, respectively.

The chart above shows that KIE broke above its 100-day moving average on March 14 and has been trending upward since. Technical analysts view this as a bullish sign.

KIE Trades above Its Moving Averages: How Does SPY Compare?


The 14-day relative strength index (or RSI) for KIE is 55.4 as of March 24, 2016.[1. An RSI figure of below 30 is an indication of an oversold stock, while an RSI of above 70 denotes an overbought stock.]

Latest articles

21 May

Trump’s Huawei Ban Pulls Down US Chip Stocks

WRITTEN BY Scarlett Ness

Last week, Donald Trump blacklisted Chinese telecom giant Huawei Technologies amid rising US-China trade tensions.

21 May

Snap Is Making Up for Last Year


This year has been a great one for Snapchat parent Snap (SNAP), and its stock has nearly doubled.

Coca-Cola (KO) will offer a limited edition of its of New Coke cans beginning May 23 as part of its partnership with Netflix’s (NFLX) show Stranger Things.

21 May

Why Clorox Stock Is Underperforming Peers

WRITTEN BY Adrian Stevens

Clorox stock (CLX) is down about 8% since the company posted its third quarter of fiscal 2019 earnings on May 1.

21 May

What JD Is Set to Get from Its Xinning Deal

WRITTEN BY Rachel Gunter

JD.com (JD) recently invested ~$55 million in purchase a ~10% stake in Jiangsu Xinning Modern Logistics, a Chinese logistics company focusing on the consumer electronics supply chain.

Today, the US stock market was on a path of recovery after starting the week on a bearish note yesterday.