HPGLY - Shanghai's shutdown has supply chain ETFs front and center

Shanghai’s shutdown is proving to be a supply chain and logistical nightmare as roughly 10,000 tankers, bulkers, and other vessels attempt to bypass the world’s busiest port. As constraints continue, exchange traded funds that capitalize from the global supply chain market have come into focus. Three funds that stick out are the Global Sea to Sky Cargo ETF (NYSEARCA:SEA), ProShares Supply Chain Logistics ETF (NYSEARCA:SUPL), and the SonicShares Global Shipping ETF (NYSEARCA:BOAT). Supporting SEA, SUPL, and BOAT are key shipping and container firms like ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers Corp. (SBLK), Matson, Inc. (MATX), Hapag-Lloyd (OTCPK:HPGLY), and Kuehne + Nagel International AG (OTCPK:KHNGF). Exchange traded funds like SEA attempt to provide exposure to a diversified group of global shipping and freight businesses.  SUPL, which just recently launched in earlier April intends to offer exposure to global logistics and technology companies. Michael L. Sapir, ProShares founder, and CEO recently stated:

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Shanghai’s shutdown has supply chain ETFs front and center