Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Reaches New 1-Year High – Should You Buy?

Day Hagan Smart Sector ETF (NYSEARCA:SSUS)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $52.50 and last traded at $52.42, with a volume of 2238 shares. The stock had previously closed at $52.04.

Day Hagan Smart Sector ETF Stock Up 1.1%

The stock’s 50 day moving average is $48.90 and its two-hundred day moving average is $48.93. The company has a market capitalization of $560.51 million, a PE ratio of 30.46 and a beta of 0.85.

Institutional Trading of Day Hagan Smart Sector ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc purchased a new stake in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 755 shares of the company’s stock, valued at approximately $37,000.

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.