U.S. Global Jets ETF Target of Unusually Large Options Trading (NYSEARCA:JETS)

U.S. Global Jets ETF (NYSEARCA:JETS) was the recipient of some unusual options trading on Tuesday. Stock investors bought 57,102 put options on the company. This represents an increase of approximately 183% compared to the average volume of 20,152 put options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ayalon Insurance Comp Ltd. boosted its stake in shares of U.S. Global Jets ETF by 4.3% during the 1st quarter. Ayalon Insurance Comp Ltd. now owns 87,976 shares of the company’s stock worth $1,848,000 after acquiring an additional 3,640 shares in the last quarter. Livelsberger Financial Advisory bought a new stake in shares of U.S. Global Jets ETF during the 4th quarter worth about $26,000. BNP Paribas Financial Markets boosted its stake in shares of U.S. Global Jets ETF by 31.7% during the 4th quarter. BNP Paribas Financial Markets now owns 98,266 shares of the company’s stock worth $1,870,000 after acquiring an additional 23,673 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of U.S. Global Jets ETF during the 3rd quarter worth about $77,000.

U.S. Global Jets ETF Price Performance

Shares of NYSEARCA JETS opened at $20.83 on Wednesday. The business’s 50-day moving average price is $20.17 and its two-hundred day moving average price is $18.50. U.S. Global Jets ETF has a one year low of $14.69 and a one year high of $22.50. The company has a market capitalization of $1.27 billion, a P/E ratio of 25.47 and a beta of 1.22.

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.