Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Sees Unusually-High Trading Volume – What’s Next?

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares saw an uptick in trading volume on Thursday. Approximately 122,204 shares traded hands during mid-day trading, an increase of 261% from the previous session’s volume of 33,817 shares. The stock last traded at $56.0550 and had previously closed at $56.08.

Day Hagan Smart Sector ETF Stock Up 0.3%

The stock has a market capitalization of $596.75 million, a P/E ratio of 30.46 and a beta of 0.87. The firm has a 50-day moving average of $55.93 and a 200 day moving average of $53.68.

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently bought a new stake in Day Hagan Smart Sector ETF stock. Compass Financial Management LLC purchased a new stake in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 706 shares of the company’s stock, valued at approximately $39,000.

Day Hagan Smart Sector ETF Company Profile

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.