Major ETF Outflows Impacting KIE, LMND, BHF, and MCY

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The State Street SPDR S&P Insurance ETF (KIE) experienced a significant outflow of approximately $62 million, marking a 9.0% decrease in shares outstanding from 11,700,000 to 10,650,000 week-over-week. This change was noted in trading activity as of the latest report.

As for KIE’s performance, its 52-week price range was $52.37 (low) to $61.27 (high), with the last trade recorded at $58.74. The ETF’s technical indicators include its current share price compared to a 200-day moving average, which may influence investor behavior.

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