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

Shares of Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) saw unusually-strong trading volume on Tuesday . Approximately 157,832 shares changed hands during trading, an increase of 253% from the previous session’s volume of 44,667 shares.The stock last traded at $40.52 and had previously closed at $40.71.

Day Hagan/Ned Davis Research Smart Sector ETF Stock Performance

The stock has a fifty day simple moving average of $42.37 and a two-hundred day simple moving average of $42.39. The stock has a market cap of $564.31 million, a price-to-earnings ratio of 24.04 and a beta of 0.79.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Day Hagan/Ned Davis Research Smart Sector ETF stock. AdvisorNet Financial Inc acquired a new stake 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 Form 13F filing with the SEC. The firm acquired 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.