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) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 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 traded.

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

The company has a 50 day moving average of $15.98 and a two-hundred day moving average of $15.11. The firm has a market cap 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 firm also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a $0.9609 dividend. This represents a yield of 669.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

Hedge Funds 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 bought a new position in U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 13,559 shares of the exchange traded fund’s stock, valued at approximately $193,000. CoreCap Advisors LLC owned approximately 2.26% of U.S. Global Sea to Sky Cargo ETF at the end of the most recent reporting period.

About U.S. Global Sea to Sky Cargo ETF

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.