Breakwave Tanker Shipping ETF
BWET

$15.87

1.52%

Market Cap: 3.17M

Financials Commodity Contracts Brokers & Dealers

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

25% more funds holding

Funds holding: 4 [Q4 2023] → 5 (+1) [Q1 2024]

39.19% less ownership

Funds ownership: 54.39% [Q4 2023] → 15.21% (-39.19%) [Q1 2024]

55% less capital invested

Capital invested by funds: $1.14M [Q4 2023] → $510K (-$632K) [Q1 2024]

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 3

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Research analyst outlook

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

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Financial journalist opinion

Positive

ETF Trends

6 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.

Positive

Market Watch

6 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.

Negative

Market Watch

7 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.

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Breakwave Tanker Shipping ETFBWET