U.S. Global Jets ETF (NYSEARCA:JETS – Get Free Report) was the target of unusually large options trading on Friday. Stock investors acquired 74,439 put options on the company. This is an increase of approximately 483% compared to the average daily volume of 12,768 put options.
U.S. Global Jets ETF Price Performance
Shares of JETS opened at $21.79 on Friday. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of -5.24 and a beta of 1.38. U.S. Global Jets ETF has a 1 year low of $14.77 and a 1 year high of $22.50. The business’s 50 day simple moving average is $20.02 and its 200-day simple moving average is $19.32.
Hedge Funds Weigh In On U.S. Global Jets ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Worth Asset Management LLC purchased a new position in U.S. Global Jets ETF during the second quarter valued at approximately $160,000. Flow Traders U.S. LLC boosted its stake in U.S. Global Jets ETF by 409.4% during the first quarter. Flow Traders U.S. LLC now owns 439,652 shares of the company’s stock worth $8,191,000 after buying an additional 353,338 shares during the last quarter. Pinnacle Holdings LLC acquired a new position in U.S. Global Jets ETF during the first quarter worth $82,000. BNP Paribas Arbitrage SNC boosted its stake in U.S. Global Jets ETF by 85.5% during the first quarter. BNP Paribas Arbitrage SNC now owns 29,620 shares of the company’s stock worth $552,000 after buying an additional 13,652 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in U.S. Global Jets ETF by 172.7% in the first quarter. EverSource Wealth Advisors LLC now owns 5,745 shares of the company’s stock valued at $107,000 after purchasing an additional 3,638 shares during the period.
U.S. Global Jets ETF Company Profile
The U.S. Global Jets ETF (JETS) is an exchange-traded fund that is based on the Stuttgart US Global Jets (USD) index. The fund invests in both US and non-US airline companies. This concentrated portfolio is weighted towards domestic passenger airlines. JETS was launched on Apr 28, 2015 and is managed by US Global.
Featured Stories
- Five stocks we like better than U.S. Global Jets ETF
- American Airlines Beats Earnings, Thinking Of Buying?
- Is This The Top For D.R. Horton Stock?
- 3 Undervalued Large-Cap Stocks That Won’t Be for Long
- Johnson & Johnson’s Inflection Point: What it Means for Investors
- Should You Buy the Dip as Tides Change at Taiwan Semiconductor?
Receive News & Ratings for U.S. Global Jets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Global Jets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
