On Friday, shares of the SPDR S&P Insurance ETF (KIE) surged above their 200-day moving average of $58.05, reaching a high of $58.88 per share. Currently, the ETF is trading up approximately 1.3% for the day.
Over the past year, KIE’s share price has fluctuated between a low of $53.445 and a high of $61.26, with the last trade recorded at $58.38.
