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MET Crosses Below Key Moving Average Level
By: BNK Invest
In trading on Monday, shares of MetLife Inc (Symbol: MET) crossed below their 200 day moving average of $47.84, changing hands as low as $46.98 per share. MetLife Inc shares are currently trading down about 4.1% on the day. The chart below shows the one year performance of MET shares, versus its 200 day moving average:
Looking at the chart above, MET's low point in its 52 week range is $33.89 per share, with $54.70 as the 52 week high point - that compares with a last trade of $47.06.
According to the ETF Finder at ETF Channel, MET makes up 9.48% of the iShares U.S. Insurance ETF (Symbol: IAK) which is trading lower by about 3.2% on the day Monday.