U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $14.86 and traded as high as $15.23. U.S. Global Sea to Sky Cargo ETF shares last traded at $15.21, with a volume of 6,054 shares traded.

U.S. Global Sea to Sky Cargo ETF Trading Up 1.5%

The firm’s 50-day simple moving average is $14.86 and its 200-day simple moving average is $14.66. The company has a market capitalization of $11.41 million, a PE 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 paid a $0.9609 dividend. The ex-dividend date was Wednesday, December 24th. This represents a dividend 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 purchased a new stake in U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 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.