Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Sees Unusually-High Trading Volume – What’s Next?

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) saw unusually-high trading volume on Monday . Approximately 92,133 shares were traded during mid-day trading, an increase of 65% from the previous session’s volume of 55,827 shares.The stock last traded at $43.49 and had previously closed at $43.41.

Day Hagan/Ned Davis Research Smart Sector ETF Stock Performance

The stock has a 50-day moving average of $40.68 and a two-hundred day moving average of $41.95. The company has a market cap of $545.74 million, a P/E ratio of 23.43 and a beta of 0.86.

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. Hollencrest Capital Management increased its holdings in Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) by 41.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,232 shares of the company’s stock after purchasing an additional 652 shares during the period. Hollencrest Capital Management’s holdings in Day Hagan/Ned Davis Research Smart Sector ETF were worth $91,000 at the end of the most recent quarter.

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.