U.S. Global Jets ETF (NYSEARCA:JETS – Get Rating) was the recipient of unusually large options trading on Wednesday. Investors bought 44,598 put options on the company. This represents an increase of 300% compared to the typical volume of 11,159 put options.
Hedge Funds Weigh In On U.S. Global Jets ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JETS. OLD Mission Capital LLC bought a new position in shares of U.S. Global Jets ETF during the 3rd quarter valued at about $1,543,000. Captrust Financial Advisors lifted its holdings in shares of U.S. Global Jets ETF by 25.1% during the 2nd quarter. Captrust Financial Advisors now owns 5,940 shares of the company’s stock valued at $98,000 after purchasing an additional 1,192 shares in the last quarter. Ayalon Insurance Comp Ltd. bought a new position in shares of U.S. Global Jets ETF during the 3rd quarter valued at about $239,000. Private Trust Co. NA bought a new position in shares of U.S. Global Jets ETF during the 2nd quarter valued at about $102,000. Finally, JPMorgan Chase & Co. lifted its stake in U.S. Global Jets ETF by 126.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 627,522 shares of the company’s stock valued at $10,355,000 after acquiring an additional 349,974 shares in the last quarter.
U.S. Global Jets ETF Trading Down 4.3 %
Shares of JETS opened at $17.55 on Thursday. U.S. Global Jets ETF has a 1 year low of $14.77 and a 1 year high of $23.49. The stock has a market cap of $1.85 billion, a P/E ratio of -5.24 and a beta of 1.33. The stock’s 50-day moving average price is $19.81 and its two-hundred day moving average price is $18.16.
About U.S. Global Jets ETF
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.
- Get a free copy of the StockNews.com research report on U.S. Global Jets ETF (JETS)
- Meta Platforms: Efficiency Gains Momentum, Stock Accelerates
- Pfizer’s Latest Acquisition Strengthens the Case for PFE Stock
- SentinelOne: Reversal In-Play For Cybersecurity Stocks
- Is Sportradar Group A Growth Stock To Bet On In 2023?
- Strong Guidance says Boeing is Ready for Takeoff
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.