BNP Paribas Financial Markets Sells 40,849 Shares of U.S. Global Jets ETF (NYSEARCA:JETS)

BNP Paribas Financial Markets lessened its stake in shares of U.S. Global Jets ETF (NYSEARCA:JETS) by 94.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,314 shares of the company’s stock after selling 40,849 shares during the quarter. BNP Paribas Financial Markets’ holdings in U.S. Global Jets ETF were worth $59,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Leuthold Group LLC acquired a new position in shares of U.S. Global Jets ETF during the 4th quarter worth about $1,095,000. DRW Securities LLC lifted its position in shares of U.S. Global Jets ETF by 23.1% during the 4th quarter. DRW Securities LLC now owns 53,767 shares of the company’s stock worth $1,363,000 after purchasing an additional 10,083 shares during the last quarter. Roxbury Financial LLC acquired a new position in shares of U.S. Global Jets ETF during the 4th quarter worth about $73,000. Pinnacle Holdings LLC acquired a new position in shares of U.S. Global Jets ETF during the 4th quarter worth about $69,000. Finally, Sims Investment Management LLC acquired a new position in shares of U.S. Global Jets ETF during the 4th quarter worth about $49,000.

U.S. Global Jets ETF Stock Up 0.4%

U.S. Global Jets ETF stock opened at $22.81 on Tuesday. The business has a 50 day moving average price of $20.61 and a two-hundred day moving average price of $23.35. The stock has a market cap of $871.34 million, a price-to-earnings ratio of 10.60 and a beta of 1.30. U.S. Global Jets ETF has a 12 month low of $16.48 and a 12 month high of $27.10.

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.