Group 1 - Amplify ETFs announced an increase in the net asset value (NAV) of the Breakwave Tanker Shipping ETF (BWET) by $0.2834 per share on August 28, 2025, due to a security pricing error [1][2] - The revised NAV for BWET is $12.6307, reflecting a 2.30% increase from the original NAV of $12.3473 [2] - This adjustment is a one-time correction, and no further NAV changes are anticipated [2] Group 2 - Amplify ETFs manages over $13.6 billion in assets across its suite of ETFs as of August 31, 2025, providing various investment opportunities [3] - The Fund is not classified as a mutual fund or any other type of investment company under the Investment Company Act of 1940 [4] - Breakwave Advisors LLC acts as a registered commodity trading advisor for the Fund, specializing in shipping and freight investments [8]
Breakwave Tanker Shipping ETF (BWET) Net Asset Value Adjustment
GlobeNewswire News Room·2025-09-05 21:29