Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Sees Strong Trading Volume – Here’s What Happened

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares saw unusually-strong trading volume on Monday . Approximately 120,519 shares traded hands during trading, an increase of 297% from the previous session’s volume of 30,356 shares.The stock last traded at $49.71 and had previously closed at $49.41.

Day Hagan Smart Sector ETF Stock Performance

The company has a market capitalization of $562.29 million, a PE ratio of 30.46 and a beta of 0.85. The business has a fifty day moving average price of $49.21 and a 200 day moving average price of $48.04.

Day Hagan Smart Sector ETF Announces Dividend

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

Hedge Funds Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently bought a new position in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc bought a new position in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 755 shares of the company’s stock, valued at approximately $37,000.

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.