Amplify ETFs Announces Net Asset Value Adjustment for the Breakwave Tanker Shipping ETF (BWET)

Core Viewpoint - Amplify ETFs announced a correction in the net asset value (NAV) of the Breakwave Tanker Shipping ETF (BWET) due to a security pricing error, resulting in an increase of $0.1465 per share on July 23, 2025 [1][2]. Fund Performance - The revised NAV for BWET is $10.8364, up from the original NAV of $10.6899, reflecting a change of +1.37% [2]. - This adjustment is described as a one-time correction, with no further NAV changes expected [2]. Company Overview - Amplify ETFs, sponsored by Amplify Investments, manages over $12 billion in assets across its ETF offerings as of June 30, 2025 [3]. - The company focuses on providing diverse investment opportunities aimed at growth, income, and risk-managed strategies through both actively managed and index-based ETFs [3].