On a trading day that saw the S&P 500 gain 0.1%, the Financial sector (XLF) showed little change.
Although it went in the opposite direction of the market today, the ETF tracked farther from the overall market today than over the past week. Entering today's trading, XLF was down 1.6% over the last seven trading days while the S&P 500 was down 2%.
Increasing 13.5% (+$2.22) to close at $18.72, United Fire Group (UFCS) was a major gainer in the sector. Today, 134,631 shares traded hands. The stock traded in a range of $16.59 to $18.98. Shares are up, having risen $1.50 (8.7%) from a price of $17.22 on April 30, 2012.
WVS Financial (WVFC) was a major loser in the sector, falling 7.8% (-59 cents) to close at $6.95 with 5,850 shares moving. The stock traded in a range of $6.63 to $7.53.
Main Street Capital Corporation (MAIN) rose 3.6% to close at $25.63, cross its 50-day moving average of $25.03 and 200-day moving average of $22.23. China Life Insurance Company (LFC) declined 1.9% to close at $40.12, moving below its 50-day moving average of $40.08 and 200-day moving average of $40.38.
Molina Healthcare (MOH) rose 3.8% to close at $26.27, approaching its 50-day moving average of $29.00. It has also moved closer to its 200-day moving average of $26.91. John Hancock Income Securities (EPHC) fell 3.6% to close at $15.87, moving closer to its 50-day moving average of $15.54. Also, the stock moved closer to its 200-day moving average of $23.01.
Federal Agricultural Mortgage (AGM) hit a new 52-week high today, reaching $25.47 to top the previous high of $23.98.