U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Stock Crosses Above 50-Day Moving Average – Time to Sell?

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $15.22 and traded as high as $16.91. U.S. Global Sea to Sky Cargo ETF shares last traded at $16.80, with a volume of 22,080 shares.

U.S. Global Sea to Sky Cargo ETF Price Performance

The stock has a fifty day moving average of $15.22 and a 200 day moving average of $14.85. The stock has a market cap of $12.60 million, a price-to-earnings ratio of 4.44 and a beta of 0.93.

U.S. Global Sea to Sky Cargo ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were issued a $0.9609 dividend. This represents a dividend yield of 669.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global Sea to Sky Cargo ETF stock. CoreCap Advisors LLC bought a new stake in shares of U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 reporting period.

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.