Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Sees Strong Trading Volume – Here’s Why

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares saw unusually-high trading volume on Tuesday . Approximately 81,850 shares were traded during mid-day trading, an increase of 112% from the previous session’s volume of 38,649 shares.The stock last traded at $53.54 and had previously closed at $53.91.

Day Hagan Smart Sector ETF Stock Up 1.3%

The stock has a market cap of $576.48 million, a PE ratio of 30.46 and a beta of 0.85. The business has a 50 day moving average price of $50.01 and a 200 day moving average price of $49.36.

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc bought a new stake in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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.