While the S&P 500 grew 0.1%, the Financial sector (XLF) showed little movement during trading today.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. As trading began today, XLF was up 4.2% over the last thirty trading days, and the S&P 500 climbed 4.7%.
Increasing 9.9% (+60 cents) to close at $6.65, First United Corporation (FUNC) was a major gainer in the sector. Today, 20,001 shares traded hands. The stock traded in a range of $5.80 to $6.93.
BNC Bancorp (BNCN) was a major loser in the sector. Its price dropped 5.6% (-47 cents) to close at $7.88, as 1,918 shares moved. The stock traded between $7.88 and $8.32.
Enstar Group (ESGR) fell 3% to close at $94.23, crossing its 50-day moving average of $96.29. Meanwhile, Alterra Capital Holdings (ALTE) climbed 2.7% to close at $23.77, moving past its 200-day moving average of $23.19.
Humana (HUM) rose 4.6% to close at $67.64, approaching its 50-day moving average of $72.37. It has also moved closer to its 200-day moving average of $80.95. Heartland Financial USA (NBH) fell 2.9% to close at $24.23, moving closer to its 50-day moving average of $23.69. Also, the stock moved closer to its 200-day moving average of $16.22.
XL Group (XL) hit a new 52-week high today, reaching $23.37 to top the previous high of $23.