Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Hits New 52-Week High – Here’s What Happened

Day Hagan Smart Sector ETF (NYSEARCA:SSUS)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $54.04 and last traded at $54.04, with a volume of 524 shares changing hands. The stock had previously closed at $53.23.

Day Hagan Smart Sector ETF Price Performance

The company has a market capitalization of $575.85 million, a PE ratio of 30.46 and a beta of 0.85. The firm has a 50-day moving average of $49.13 and a 200 day moving average of $49.04.

Institutional Investors Weigh In On Day Hagan Smart Sector ETF

A hedge fund recently raised its stake in Day Hagan Smart Sector ETF stock. Janney Montgomery Scott LLC lifted its holdings in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) by 13.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,124 shares of the company’s stock after buying an additional 3,948 shares during the period. Janney Montgomery Scott LLC owned approximately 0.32% of Day Hagan Smart Sector ETF worth $1,593,000 at the end of the most recent reporting period.

About Day Hagan 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.