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

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares saw an uptick in trading volume on Tuesday . 81,850 shares changed hands 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 Down 0.7%

The company has a market capitalization of $569.03 million, a P/E ratio of 30.46 and a beta of 0.85. The stock has a fifty day simple moving average of $49.80 and a 200-day simple moving average of $49.29.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc acquired a new stake in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 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.