Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Sees Strong Trading Volume – Time to Buy?

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares saw unusually-high trading volume on Wednesday . Approximately 69,495 shares were traded during trading, an increase of 77% from the previous session’s volume of 39,296 shares.The stock last traded at $47.27 and had previously closed at $46.95.

Day Hagan Smart Sector ETF Price Performance

The stock’s fifty day moving average price is $48.92 and its 200-day moving average price is $48.68. The firm has a market cap of $542.99 million, a PE ratio of 30.46 and a beta of 0.85.

Day Hagan Smart Sector ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a dividend of $0.2511 per share. This represents a yield of 51.0%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc bought a new position in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 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.