Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Reaches New 52-Week High – What’s Next?

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $54.97 and last traded at $54.97, with a volume of 744 shares trading hands. The stock had previously closed at $54.32.

Day Hagan Smart Sector ETF Price Performance

The stock has a market capitalization of $588.09 million, a PE ratio of 30.46 and a beta of 0.85. The company has a 50 day moving average price of $50.38 and a 200-day moving average price of $49.47.

Institutional Investors Weigh In On Day Hagan Smart Sector ETF

A hedge fund recently raised its stake in Day Hagan Smart Sector ETF stock. Janney Montgomery Scott LLC grew its stake in Day Hagan Smart Sector ETF (NYSEARCA:SSUS) by 13.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,124 shares of the company’s stock after acquiring an additional 3,948 shares during the quarter. Janney Montgomery Scott LLC owned 0.32% of Day Hagan Smart Sector ETF worth $1,593,000 at the end of the most recent quarter.

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.