Amplify ETFs Announces Net Asset Value Adjustment for the Breakwave Tanker Shipping ETF (BWET)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 25 2025
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Source: Globenewswire
NAV Adjustment Announcement: Amplify ETFs announced a $0.1465 increase in the net asset value (NAV) of the Breakwave Tanker Shipping ETF (BWET) on July 23, 2025, due to a security pricing error, resulting in a revised NAV of $10.8364 per share, reflecting a 1.37% change.
Investment Risks and Fund Information: The Breakwave Tanker Shipping ETF focuses on freight futures, which can be volatile and carry significant risks, including potential loss of investment; it is not regulated under the Investment Company Act of 1940 and may experience fluctuations in market trading activity.
Analyst Views on BWET
Wall Street analysts forecast BWET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BWET is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 31.561
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
