Friday's ETF with Unusual Volume: KIE Friday, May 3, 1:58 PM ET
The SPDR S&P Insurance ETF (NYSE:KIE) is seeing unusually high volume in afternoon trading Friday, with over 1.2 million shares traded versus three month average volume of about 295,000. Shares of KIE were up about 0.9% on the day.
Components of that ETF with the highest volume on Friday were Metlife (NYSE:MET), trading up about 1.6% with over 2.8 million shares changing hands so far this session, and American International Group (NYSE:AIG), up about 0.9% on volume of over 2.7 million shares. American Equity Investment Life Holding (NYSE:AEL) is the component faring the best Friday, up by about 4.4% on the day, while Progressive (NYSE:PGR) is lagging other components of the SPDR S&P Insurance ETF, trading lower by about 1.7%.
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