Financial Sector Wrap

Markets FOXBusiness

On a trading day that saw the S&P 500 gain 0.7%, the Financial sector (XLF) showed little change.

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Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past week. Entering today's trading, XLF was up 3.1% over the last seven trading days while the S&P 500 was up 1.7%.

StanCorp Financial Group (SFG) was one of the sector's big losers, as its price dropped 11% (-$4.09) to close at $33. 882,325 shares of the stock moved. The stock traded between $32.50 and $33.57. Over the last three months, the stock has lost $5.90 (-15.2%) from a price of $38.90 on April 19, 2012.

Whiting USA Trust I (WHX) declined 9.2% to close at $16.33, moving below its 50-day moving average of $17.58 and 200-day moving average of $17.45. WisdomTree Pacific ex-Japan Ttl Div(ETF (AXJL) climbed 1.7% to close at $61.88, moving past its 200-day moving average of $61.57.

Shinhan Financial Group (SHG) rose 2.6% to close at $66.29, approaching its 50-day moving average of $67.37. It has also moved closer to its 200-day moving average of $71.78. First Financial Corporation (ORRF) fell 1.3% to close at $29.63, moving closer to its 50-day moving average of $28.87. Also, the stock moved closer to its 200-day moving average of $8.16.

Increasing 5.4% (+$1.09) to close at $21.47, Whiting USA Trust II (WHZ) was a major gainer in the sector. Today, 382,313 shares traded hands. The stock traded in a range of $20.41 to $21.50.

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Berkshire Hathaway (BRK.B) hit a new 52-week high today, reaching $85.19 to top the previous high of $84.49.