Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Sees Strong Trading Volume

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) saw unusually-high trading volume on Monday . Approximately 47,755 shares traded hands during mid-day trading, a decline of 21% from the previous session’s volume of 60,076 shares.The stock last traded at $41.26 and had previously closed at $41.17.

Day Hagan/Ned Davis Research Smart Sector ETF Trading Up 0.2 %

The stock has a market capitalization of $661.56 million, a price-to-earnings ratio of 24.05 and a beta of 0.89. The stock’s 50 day moving average is $39.83 and its 200 day moving average is $38.88.

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

An institutional investor recently raised its position in Day Hagan/Ned Davis Research Smart Sector ETF stock. Triumph Capital Management increased its position in shares of Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) by 38.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,708 shares of the company’s stock after acquiring an additional 2,397 shares during the quarter. Triumph Capital Management owned approximately 0.05% of Day Hagan/Ned Davis Research Smart Sector ETF worth $334,000 as of its most recent filing with the SEC.

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.