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

Day Hagan Smart Sector ETF (NYSEARCA:SSUS)’s share price hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $57.20 and last traded at $57.31, with a volume of 467 shares changing hands. The stock had previously closed at $56.89.

Day Hagan Smart Sector ETF Stock Performance

The business’s 50 day moving average price is $56.21 and its 200-day moving average price is $54.00. The company has a market cap of $613.67 million, a price-to-earnings ratio of 30.46 and a beta of 0.86.

Institutional Trading of Day Hagan Smart Sector ETF

A hedge fund recently bought a new stake in Day Hagan Smart Sector ETF stock. Compass Financial Management LLC purchased a new position in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 706 shares of the company’s stock, valued at approximately $39,000.

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.