Published August 13, 2012
During trading today, both the Financial sector (XLF) and the S&P500 showed little movement.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLF was up 1.7% over the last thirty trading days, and the S&P 500 climbed 3.7%.
National Security Group (NSEC) was a major loser in the sector, falling 12.4% (-$1.18) to close at $8.35 with 3,605 shares moving. The stock traded in a range of $8.17 to $9.28.
United Community Bancorp (UCBA) was a major gainer in the sector, rising 7.8% (+54 cents) to close at $7.45 with 1,099 shares moving. The stock traded in a range of $6.90 to $7.48.
Assurant (AIZ) declined 2.6% to close at $34.91, moving below its 50-day moving average of $35.02 and 200-day moving average of $37.36.
Fiduciary/Claymore MLP Opportunity Fund (MKTX) fell 4.1% to close at $23.12, moving closer to its 50-day moving average of $22.88. Also, the stock moved closer to its 200-day moving average of $31.73. Cash America International (CSH) rose 1.4% to close at $39.49, moving closer to its 50-day moving average of $41.50.