U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Shares Cross Above 50-Day Moving Average – Here’s What Happened

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.98 and traded as high as $16.75. U.S. Global Sea to Sky Cargo ETF shares last traded at $16.67, with a volume of 5,262 shares changing hands.

U.S. Global Sea to Sky Cargo ETF Trading Up 0.4%

The business’s 50-day simple moving average is $15.98 and its 200 day simple moving average is $15.11. The company has a market capitalization of $12.50 million, a P/E 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. Investors of record on Wednesday, December 24th were issued a dividend of $0.9609 per share. 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

An institutional investor recently bought a new position in U.S. Global Sea to Sky Cargo ETF stock. CoreCap Advisors LLC purchased a new stake in shares of U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 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 as of its most recent filing with the Securities and Exchange Commission.

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.