Follow Inflation: KIEMotor Vehicle insurance prices are up 2.6% month-over-month and 22% year-over-year according to the latest Consumer Price Index report published by the Bureau of Labor Statistics. This should benefit insurance sector equities, so let's take a look at the KIE Insurance ETF.
First Chart (Trend Line;
Key stats
About SPDR S&P Insurance ETF
Home page
Inception date
Nov 8, 2005
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
While KIE stays true to the definition of an insurance company, its selection universe and equal-weighting scheme narrows its stock universe to make a very different portfolio from the other funds in the segment. The fund underweights property and casualty insurance in favor of a large overweighting to reinsurance companies. It also reduces its concentration risk-- good news in a top-heavy sector. Overall, this fund is for those looking for unconventional exposure to the insurance sector.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
SOMETHING IS BROKEN IN THE INSURANCE SECTOR. WATCH $IAK $KIESomething is broken in the Insurance sector.
Is there insurance for insurance?
Trading is like Sherlock Holmes, sniffing for clues. And this is what we found!
$IAK
- volume surged since 21st May 2022
- POC level seen at the peak of the chart seems like smart money has been distributing at the
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.