BWET stock icon

Breakwave Tanker Shipping ETF
BWET

15.53 USD
+0.29
1.90%
At close Oct 11, 4:00 PM EDT
1 day
1.90%
5 days
-2.63%
1 month
2.58%
3 months
-4.08%
6 months
-18.99%
Year to date
-1.71%
1 year
-1.96%
5 years
11.49%
Financials Commodity Contracts Brokers & Dealers
0
Funds holding %
of 6,740 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4.7% less ownership

Funds ownership: 16.42% [Q1] → 11.71% (-4.7%) [Q2]

40% less funds holding

Funds holding: 5 [Q1] → 3 (-2) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

54% less capital invested

Capital invested by funds: $551K [Q1] → $256K (-$295K) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for BWET.

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
Tanker Markets And Why International Seaways Is Almost As Cheap As It's Ever Been
International Seaways' tanker market outlook is positive, driven by strategic fleet management amid global oil demand growth and geopolitical concerns. Maintaining a robust balance sheet with below 15% leverage, enabling flexibility for potential asset acquisitions and shareholder returns.
Tanker Markets And Why International Seaways Is Almost As Cheap As It's Ever Been
Positive
ETF Trends
8 months ago
KraneShares' Carbon Offset ETF Rallies in First Weeks of 2024
KraneShares' carbon offset ETF is starting off 2024 on a high note, leading in returns across commodity ETFs. The KraneShares Global Carbon Offset Strategy ETF (KSET) has gained 34% year to date through January 16.
KraneShares' Carbon Offset ETF Rallies in First Weeks of 2024
Positive
Market Watch
9 months ago
Shipping ETFs on pace for best day in nearly a month after U.S., U.K. strike on Houthi rebels in Yemen stirs up more geopolitical worries
Exchange-traded funds that track shipping stocks were surging on Friday after U.S.-led militaries launched airstrikes on Yemen's Houthi rebels in response to their attacks on Red Sea shipping, fueling market concerns about the Israel-Hamas war widening into a broader conflict in the Middle East that could prompt further spike in oil prices and in the cost of shipping.
Shipping ETFs on pace for best day in nearly a month after U.S., U.K. strike on Houthi rebels in Yemen stirs up more geopolitical worries
Negative
Market Watch
9 months ago
Attacks in the Red Sea add to global shipping woes
Recent attacks on vessels in the Red Sea have led major shipping companies to halt shipments through the waterway which is a key route for oil, refined products, and other consumer goods.
Attacks in the Red Sea add to global shipping woes
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