November 17, 2016 - By Vivian Park · 0 Comments
Star Maritime Acquisition Corp (NYSEARCA:SEA) institutional sentiment is 1 in 2016 Q2. Its the same as in 2016Q1. The ratio is neither positive nor negative, as only 7 funds opened new and increased holdings, while 7 decreased and sold their positions in Star Maritime Acquisition Corp. The funds in our partner’s database now possess: 506,406 shares, up from 443,382 shares in 2016Q1. Also, the number of funds holding Star Maritime Acquisition Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 4 New Position: 3.
Guggenheim Shipping ETF seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The ETF has a market cap of $38.25 million. 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. It currently has negative earnings. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business divisions of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.
It is up 11.86% since April 15, 2016 and is downtrending. It has underperformed by 16.48% the S&P500.
Hightower Advisors Llc holds 0.01% of its portfolio in The Guggenheim Shipping ETF for 90,034 shares. Ameriprise Financial Inc owns 10,708 shares or 0% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 102,047 shares. The Connecticut-based Hartford Financial Management Inc. has invested 0% in the stock. Jane Street Group Llc, a New York-based fund reported 13,754 shares.#img1#
More notable recent The Guggenheim Shipping ETF (NYSEARCA:SEA) news were published by: Etfdailynews.com which released: “Oil’s Rebound is Helping This Shipping ETF” on August 22, 2016, also Seekingalpha.com with their article: “Adding A Shipping ETF To My No Guts No Glory Portfolio” published on April 22, 2016, Thestreet.com published: “Global Shipping ETF Has Smoother Sailing” on January 28, 2013. More interesting news about The Guggenheim Shipping ETF (NYSEARCA:SEA) were released by: Benzinga.com and their article: “What’s Going On With Dry Shipping?” published on May 13, 2016 as well as Nasdaq.com‘s news article titled: “Danger Ahead for Shipping ETF?” with publication date: November 03, 2016.
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By Vivian Park