U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Stock Price Crosses Above 50-Day Moving Average – What’s Next?
by Kim Johansen · The Markets DailyU.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.96 and traded as high as $15.91. U.S. Global Sea to Sky Cargo ETF shares last traded at $15.81, with a volume of 8,407 shares changing hands.
U.S. Global Sea to Sky Cargo ETF Stock Up 1.3%
The business’s 50-day simple moving average is $14.96 and its two-hundred day simple moving average is $14.71. The firm has a market capitalization of $11.86 million, a price-to-earnings ratio of 4.44 and a beta of 0.93.
U.S. Global Sea to Sky Cargo ETF Announces Dividend
The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a $0.9609 dividend. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a yield of 669.0%.
Institutional Investors Weigh In On U.S. Global Sea to Sky Cargo ETF
A hedge fund recently bought a new stake in U.S. Global Sea to Sky Cargo ETF stock. CoreCap Advisors LLC acquired a new stake in U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 13,559 shares of the exchange traded fund’s stock, valued at approximately $193,000. CoreCap Advisors LLC owned 2.26% of U.S. Global Sea to Sky Cargo ETF at the end of the most recent quarter.
U.S. Global Sea to Sky Cargo ETF Company Profile
Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.