BNP Paribas Financial Markets cut its holdings in U.S. Global Jets ETF (NYSEARCA:JETS – Free Report) by 62.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,163 shares of the company’s stock after selling 72,711 shares during the period. BNP Paribas Financial Markets owned 0.07% of U.S. Global Jets ETF worth $894,000 as of its most recent SEC filing.
Separately, Family Firm Inc. bought a new stake in U.S. Global Jets ETF in the 2nd quarter worth approximately $75,000.
U.S. Global Jets ETF Stock Performance
NYSEARCA JETS opened at $25.93 on Thursday. The company has a market cap of $1.65 billion, a P/E ratio of 26.39 and a beta of 1.18. The business’s 50 day moving average price is $23.38 and its 200-day moving average price is $20.60. U.S. Global Jets ETF has a fifty-two week low of $16.48 and a fifty-two week high of $26.09.
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.
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