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

Shares of U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.46 and traded as high as $14.82. U.S. Global Sea to Sky Cargo ETF shares last traded at $14.71, with a volume of 19,062 shares.

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

The company has a market capitalization of $8.83 million, a PE ratio of 4.44 and a beta of 0.93. The stock has a 50-day simple moving average of $14.46 and a 200 day simple moving average of $14.16.

Hedge Funds Weigh In On U.S. Global Sea to Sky Cargo ETF

An institutional investor recently bought a new position in U.S. Global Sea to Sky Cargo ETF stock. CoreCap Advisors LLC bought a new position in shares of U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,559 shares of the exchange traded fund’s stock, valued at approximately $193,000. CoreCap Advisors LLC owned about 2.26% of U.S. Global Sea to Sky Cargo ETF at the end of the most recent quarter.

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.