NYSEARCA:BWET

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

$19.24
-0.11 (-0.57%)
(As of 05/17/2024 ET)
Today's Range
$19.24
$19.46
50-Day Range
$17.08
$20.07
52-Week Range
$13.58
$22.92
Volume
3,511 shs
Average Volume
49,259 shs
Market Capitalization
$3.37 million
Assets Under Management
$3.36 million
Dividend Yield
N/A
Net Expense Ratio
0.00%

About Breakwave Tanker Shipping ETF

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.

BWET Stock Price History

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Fund Details

Issuer
ETF Managers Group
Fund Name
Breakwave Tanker Shipping ETF
Tax Classification
Regulated Investment Company
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
9

Fund Statistics

Assets Under Management
$3.36 million
Average Daily Volume
$0.00
Discount/Premium
0.14%

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

Miscellaneous

Beta
0.31
Creation Unit
25,000
Creation Fee
$300.00
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Breakwave Tanker Shipping ETF Expenses

TypeBWETEnergy ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.00%0.62%0.67%0.51%0.51%
Other Expenses0.00%0.25%0.27%0.64%0.58%
Total Expense0.00%0.70%0.77%0.74%0.70%
Fee Waiver0.00%-0.20%-0.18%-0.68%-0.57%
Net Expense0.00%0.71%0.70%0.58%0.58%

Breakwave Tanker Shipping ETF (BWET) Holdings

Top 9 BWET Holdings

  • Cash & Other
    Holding Weight: 88.04%
  • TD3C FFA 270kt Middle East Gulf to China USD/MT M May 24
    Holding Weight: 28.90%
  • TD3C FFA 270kt Middle East Gulf to China USD/MT M Jun 24
    Holding Weight: 27.92%
  • TD3C FFA 270kt Middle East Gulf to China USD/MT M Sep 24
    Holding Weight: 12.40%
  • TD3C FFA 270kt Middle East Gulf to China USD/MT M Jul 24
    Holding Weight: 12.06%
  • Invesco Government & Agency Portfolio 12/31/2031
    Holding Weight: 11.96%
  • TD3C FFA 270kt Middle East Gulf to China USD/MT M Aug 24
    Holding Weight: 11.86%
  • TD20 FFA 130kt West Africa to Continent USD/MT M May 24
    Holding Weight: 5.89%
  • TD20 FFA 130kt West Africa to Continent USD/MT M Jun 24
    Holding Weight: 5.63%

BWET ETF - Frequently Asked Questions

How have BWET shares performed in 2024?

Breakwave Tanker Shipping ETF's stock was trading at $16.15 at the start of the year. Since then, BWET stock has increased by 19.1% and is now trading at $19.2409.
View the best growth stocks for 2024 here
.

What does BWET invest in?

Breakwave Tanker Shipping ETF is a commodities fund issued by ETF Managers Group. BWET focuses on energy investments. The fund's investments total to approximately $3.36 million assets under management.

Who are Breakwave Tanker Shipping ETF's major shareholders?

Breakwave Tanker Shipping ETF's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Concourse Financial Group Securities Inc. (0.00%).

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.

This page (NYSEARCA:BWET) was last updated on 5/18/2024 by MarketBeat.com Staff

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