Breakwave Tanker Shipping ETF (BWET) Price, Holdings, & News

ETF Overview

The Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund that is based on the Breakwave Wet Freight Futures index. The fund provides long-only exposure to the crude oil tanker shipping market by tracking an index of the near-dated wet freight futures contracts on related indexes. The portfolio has an average maturity of about 50-70 days. BWET was launched on May 3, 2023 and is managed by Breakwave.

Key Stats

• Today's Range: $12.20 to $12.52
• 50-Day Range: $12.20 to $16.36
• 52-Week Range: $12.20 to $21.15
• Volume: 5,311 shs
• Average Volume: 25,093 shs
• Market Capitalization: $2.14 million
• Assets Under Management: $1.92 million
• Dividend Yield: N/A
• Net Expense Ratio: 3.50%
• Aggregate Rating: N/A

BWET ETF - Frequently Asked Questions

How have BWET shares performed this year?

Breakwave Tanker Shipping ETF's stock was trading at $16.15 on January 1st, 2024. Since then, BWET stock has decreased by 24.5% and is now trading at $12.2002.
View the best growth stocks for 2024 here.

How do I buy shares of Breakwave Tanker Shipping ETF?

Shares of BWET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Breakwave Tanker Shipping ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Breakwave Tanker Shipping ETF investors own include Verb Technology (VERB), Ucommune International (UK), Guardion Health Sciences (GHSI) and Allena Pharmaceuticals (ALNA).

Fund Details

• Issuer: ETF Managers Group
• Fund Name: Breakwave Tanker Shipping ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:BWET
• Inception Date: 5/3/2023
• Fund Manager: John Kartsonas
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Commodities
• Benchmark: N/A
• Category: Sector
• Focus: Energy
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 8

Fund Statistics

• Assets Under Management: $1.92 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.01%

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: ETF Managers Group LLC
• Custodian: U.S. Bank, N.A.
• Distributor: ETFMG Financial LLC
• Transfer Agent: U.S. Bancorp Fund Services, LLC
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 2
• Call Options: 1
• Short Interest: 4,500 shs

Miscellaneous

• Outstanding Shares: 175,100
• Beta: 0.31
• Creation Unit: 25,000
• Creation Fee: $300.00