Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Hits New 52-Week High – Here’s Why

Day Hagan Smart Sector ETF (NYSEARCA:SSUS)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $51.66 and last traded at $51.49, with a volume of 5071 shares traded. The stock had previously closed at $51.37.

Day Hagan Smart Sector ETF Trading Down 0.3%

The stock has a market cap of $551.34 million, a price-to-earnings ratio of 30.46 and a beta of 0.84. The stock’s 50 day moving average is $48.52 and its two-hundred day moving average is $48.75.

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc purchased a new stake in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 755 shares of the company’s stock, valued at approximately $37,000.

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.