Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Reaches New 52-Week High – Here’s What Happened

Day Hagan Smart Sector ETF (NYSEARCA:SSUS)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $56.34 and last traded at $56.34, with a volume of 24680 shares trading hands. The stock had previously closed at $55.21.

Day Hagan Smart Sector ETF Trading Up 2.1%

The firm has a 50-day moving average of $54.83 and a 200 day moving average of $51.59. The company has a market cap of $583.53 million, a P/E ratio of 30.46 and a beta of 0.86.

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently raised its position in Day Hagan Smart Sector ETF stock. Janney Montgomery Scott LLC increased its stake in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) by 13.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,124 shares of the company’s stock after acquiring an additional 3,948 shares during the quarter. Janney Montgomery Scott LLC owned 0.32% of Day Hagan Smart Sector ETF worth $1,593,000 at the end of the most recent reporting period.

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.