Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Sets New 52-Week Low – Time to Sell?

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) shares hit a new 52-week low on Monday . The stock traded as low as $35.27 and last traded at $37.00, with a volume of 4982 shares traded. The stock had previously closed at $36.86.

Day Hagan/Ned Davis Research Smart Sector ETF Trading Up 9.1 %

The firm has a 50-day simple moving average of $41.64 and a two-hundred day simple moving average of $42.25. The company has a market capitalization of $546.56 million, a price-to-earnings ratio of 24.04 and a beta of 0.79.

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 fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,633 shares of the company’s stock, valued at approximately $237,000.

About Day Hagan/Ned Davis Research Smart Sector ETF

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.