Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Sees Large Volume Increase – Here’s What Happened

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) saw unusually-strong trading volume on Monday . Approximately 92,133 shares changed hands 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 Trading Up 0.3%

The company has a fifty day simple moving average of $40.68 and a 200-day simple moving average of $41.95. The company has a market capitalization of $545.74 million, a PE ratio of 23.43 and a beta of 0.86.

Institutional Investors Weigh In On Day Hagan/Ned Davis Research Smart Sector ETF

A hedge fund recently raised its stake in Day Hagan/Ned Davis Research Smart Sector ETF stock. Hollencrest Capital Management grew its position in Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) by 41.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 as of its most recent SEC filing.

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.