Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Sees Large Volume Increase – Here’s Why

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) shares saw unusually-strong trading volume on Monday . Approximately 59,336 shares changed hands during mid-day trading, an increase of 37% from the previous session’s volume of 43,300 shares.The stock last traded at $37.53 and had previously closed at $38.36.

Day Hagan/Ned Davis Research Smart Sector ETF Stock Performance

The company has a market cap of $522.10 million, a P/E ratio of 22.84 and a beta of 0.82. The stock’s fifty day moving average price is $40.61 and its two-hundred day moving average price is $42.03.

Institutional Investors Weigh In On Day Hagan/Ned Davis Research Smart Sector ETF

A hedge fund recently bought a new stake in Day Hagan/Ned Davis Research Smart Sector ETF stock. AdvisorNet Financial Inc acquired a new position in shares of Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,633 shares of the company’s stock, valued at approximately $237,000.

Day Hagan/Ned Davis Research Smart Sector ETF Company Profile

The Day Hagan\u002FNed Davis Research Smart Sector ETF (SSUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed US fund-of-funds that overweights and underweights 11 US large-cap sectors based on proprietary risk model. SSUS was launched on Jan 17, 2020 and is managed by Day Hagan.