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Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Shares Up 1.8%

Financial News Live ·  Mar 3, 2023 00:32

Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Rating)'s stock price shot up 1.8% during trading on Thursday . The company traded as high as $8.99 and last traded at $8.98. 460,507 shares traded hands during trading, an increase of 5% from the average session volume of 438,161 shares. The stock had previously closed at $8.82.

Breakwave Dry Bulk Shipping ETF Trading Up 1.8 %

The business's fifty day moving average price is $8.34 and its 200 day moving average price is $8.55.

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Hedge Funds Weigh In On Breakwave Dry Bulk Shipping ETF

A hedge fund recently bought a new stake in Breakwave Dry Bulk Shipping ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY – Get Rating) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 35,674 shares of the company's stock, valued at approximately $328,000. JPMorgan Chase & Co. owned about 1.03% of Breakwave Dry Bulk Shipping ETF as of its most recent SEC filing.

About Breakwave Dry Bulk Shipping ETF

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The Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund that is based on the Breakwave Dry Freight Futures index. The fund tracks an index of long-only exposure to the nearest calendar quarter of dry bulk freight futures contracts on specified indexes. BDRY was launched on Mar 22, 2018 and is managed by Breakwave.

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