Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Sees Large Volume Increase – Here’s Why

Day Hagan Smart Sector ETF (NYSEARCA:SSUS) shares saw an uptick in trading volume on Friday . 96,444 shares were traded during 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 50 day simple moving average of $49.24 and a two-hundred day simple moving average of $48.29. The stock has a market capitalization of $567.08 million, a P/E ratio of 30.46 and a beta of 0.85.

Day Hagan Smart Sector ETF Dividend Announcement

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Day Hagan Smart Sector ETF stock. Accordant Advisory Group Inc purchased a new position in shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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.