Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) Shares Down 1.2%

Shares of Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) fell 1.2% on Tuesday . The stock traded as low as $13.36 and last traded at $13.40. 84,146 shares traded hands during trading, a decline of 65% from the average session volume of 238,425 shares. The stock had previously closed at $13.56.

Breakwave Dry Bulk Shipping ETF Stock Performance

The company has a fifty day simple moving average of $14.14 and a two-hundred day simple moving average of $10.31.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Breakwave Dry Bulk Shipping ETF stock. Sunbelt Securities Inc. bought a new position in shares of Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,635 shares of the company’s stock, valued at approximately $64,000.

Breakwave Dry Bulk Shipping ETF Company Profile

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.