Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Stock Price Down 1.4% – Here’s Why

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS)’s share price traded down 1.4% on Monday . The stock traded as low as $41.99 and last traded at $42.20. 53,959 shares were traded during mid-day trading, an increase of 38% from the average session volume of 38,979 shares. The stock had previously closed at $42.82.

Day Hagan/Ned Davis Research Smart Sector ETF Stock Performance

The stock has a market cap of $602.62 million, a price-to-earnings ratio of 25.41 and a beta of 0.80. The company’s 50 day simple moving average is $42.94 and its two-hundred day simple moving average is $42.27.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Day Hagan/Ned Davis Research Smart Sector ETF stock. AdvisorNet Financial Inc purchased a new position in shares of Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 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.