Sun Life Financial ( SLF) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day down 0.5%. By the end of trading, Sun Life Financial rose 70 cents (3.1%) to $23.26 on average volume. Throughout the day, 971,379 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 759,300 shares. The stock ranged in a price between $22.47-$23.71 after having opened the day at $22.54 as compared to the previous trading day's close of $22.56. Other companies within the Insurance industry that increased today were: Genworth Financial ( GNW), up 3.2%, Baldwin & Lyons ( BWINA), up 2.6%, Allied World Assurance Company Holdings ( AWH), up 2.2%, and Catalyst Health Solutions ( CHSI), up 2%. Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $12.98 billion and is part of the financial sector. Shares are up 19.2% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Sun Life Financial a buy, no analysts rate it a sell, and seven rate it a hold. TheStreet Ratings rates Sun Life Financial as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).