Company Overview
The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Global Shipping Companies. It also may invest in securities or other investments not included in the index, but which the fund’s investment adviser believes will help it track the index. The fund is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 40.01M market capitalization
- Trading Volume: 7.21K shares traded today
- Price Range: 52-week range of $22.16 - $36.10
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for SonicShares Global Shipping ETF
SonicShares Global Shipping ETF (BOAT) operates in the Asset Management - Global industry within the Financial Services sector. With a current market capitalization of 40.01M, the company represents a significant player in its market. The stock is currently trading at $31.74 with a positivedaily change of 0.53%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 5.17, beta of 0.82, and 52-week price range from $22.16 to $36.10when evaluating investment opportunities.
Why Invest in SonicShares Global Shipping ETF?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.