Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) saw unusually-strong trading volume on Friday . Approximately 146,698 shares traded hands during trading, an increase of 165% from the previous session’s volume of 55,458 shares.The stock last traded at $42.88 and had previously closed at $42.53.

Day Hagan/Ned Davis Research Smart Sector ETF Trading Up 0.9 %

The stock has a 50 day simple moving average of $43.01 and a 200 day simple moving average of $41.41. The firm has a market capitalization of $687.61 million, a PE ratio of 24.05 and a beta of 0.89.

Hedge Funds Weigh In On Day Hagan/Ned Davis Research Smart Sector ETF

An institutional investor recently bought a new position in Day Hagan/Ned Davis Research Smart Sector ETF stock. AdvisorNet Financial Inc acquired a new position in Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,633 shares of the company’s stock, valued at approximately $237,000.

Day Hagan/Ned Davis Research 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.