The U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) is a niche thematic fund tracking marine shipping, air freight and courier, and port and harbor operating companies across the globe.
SEA is Southeast Asia's e-commerce leader, excelling in vision, execution, and now sustainable free cash flow generation. Shopee, SEA's e-commerce platform, is turning profitable, with potential for 12% EBITDA margin by 2027 and significant earnings growth. Valuation is attractive at 0.7x PEG, with a 2025 price target of $205 and over 100% upside potential by 2027.
MILAN (Reuters) - Hackers targeted around ten official websites in Italy on Saturday, including the websites of the Foreign Ministry and Milan's two airports, putting them out of action temporarily, the country's cyber security agency said. The pro-Russian hacker group Noname057(16) claimed the cyber attack on Telegram, saying Italy's "Russophobes get a well deserved cyber response". aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); A spokesperson for Italy's cyber security agency said it was plausible that the so-called "Distributed Denial of Service" (DDoS) attack could be linked to the pro-Russian group. In such attacks, hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it. The spokesperson said the agency provided quick assistance to the institutions and firms targeted and that the attack's impact was "mitigated" in less than two hours. The cyber attack has not caused any disruptions to flights at Milan's Linate and Malpensa airports, a spokesperson for SEA, the company which manages them, said. While the websites were inaccessible, the airports' mobile apps continued to function, the SEA spokesperson added. (Reporting by Giulio Piovaccari. Editing by Jane Merriman)
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 13,559 | $192,524.24 | $234,977.47 | $42,453.23 | 22.05% |
| ARCA Exchange | US Country |
The company profiled focuses on operating within the global transportation and logistics sector, emphasizing investments in marine shipping, air freight, courier services, and port and harbor management companies. It operates a financial instrument designed to compile investments in a range of companies involved in the essential services that facilitate global trade and transportation, ensuring the movement of goods across international borders via various modes of transport. The company adopts a strategy of investing at least 80% of its net assets, alongside borrowings for investment purposes, in entities classified under the umbrella of Cargo Companies, indicating a concentrated focus on companies that play a pivotal role in the logistics and shipment industry, both in developed and emerging markets. This approach is targeted at investors looking to capitalize on the dynamic and critical global trade sector through a focused investment vehicle. Despite its specialized focus, the fund is categorized as non-diverse, pointing to its concentrated investment strategy rather than spreading risks across a wider array of sectors or industries.
Investing in companies that specialize in the transportation of goods across the world's oceans. This can include container ships, bulk carriers, tanker ships, and other vessels involved in international sea freight.
Allocating funds to enterprises that provide rapid delivery of goods through air transport. This category targets companies that offer courier services, air cargo, and express shipping solutions designed to meet the demands for speed, efficiency, and reliability.
Focused investment in the infrastructure side of the global trade, including companies that operate ports, harbors, and related facilities. These are crucial nodes in the international supply chain, facilitating the loading, unloading, and transient storage of goods as they are moved from origin to destination.