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

Shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) saw unusually-high trading volume on Friday . Approximately 96,444 shares traded hands during mid-day trading, an increase of 133% from the previous session’s volume of 41,326 shares.The stock last traded at $49.3650 and had previously closed at $49.11.

Day Hagan Smart Sector ETF Stock Up 0.7%

The firm has a market cap of $567.08 million, a P/E ratio of 30.46 and a beta of 0.85. The company’s 50 day simple moving average is $49.25 and its 200-day simple moving average is $48.34.

Day Hagan Smart Sector ETF Announces Dividend

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

Institutional Trading of 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) during the fourth quarter, according to 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.