Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) Reaches New 12-Month Low – Here’s What Happened

Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS)’s share price hit a new 52-week low on Monday . The stock traded as low as $35.27 and last traded at $37.00, with a volume of 4982 shares traded. The stock had previously closed at $36.86.

Day Hagan/Ned Davis Research Smart Sector ETF Price Performance

The company has a market cap of $508.11 million, a price-to-earnings ratio of 24.04 and a beta of 0.79. The firm has a 50 day simple moving average of $42.05 and a 200-day simple moving average of $42.36.

Institutional Investors Weigh In On Day Hagan/Ned Davis Research Smart Sector ETF

A hedge fund recently bought a new stake in Day Hagan/Ned Davis Research Smart Sector ETF stock. AdvisorNet Financial Inc acquired a new position in shares of Day Hagan/Ned Davis Research Smart Sector ETF (NYSEARCA:SSUS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,633 shares of the company’s stock, valued at approximately $237,000.

About Day Hagan/Ned Davis Research 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.