Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Stock Price Down 0.7% – Should You Sell?

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) traded down 0.7% during trading on Friday . The stock traded as low as $43.18 and last traded at $43.19. 20,901 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 47,952 shares. The stock had previously closed at $43.50.

Day Hagan/Ned Davis Research Smart Sector ETF Stock Down 0.7 %

The firm’s 50 day simple moving average is $43.03 and its 200 day simple moving average is $41.72. The company has a market cap of $692.34 million, a price-to-earnings ratio of 24.05 and a beta of 0.89.

Institutional Inflows and Outflows

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

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.