U.S. Global Jets ETF (NYSEARCA:JETS) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. reduced its position in U.S. Global Jets ETF (NYSEARCA:JETS) by 1.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 31,060 shares of the company’s stock after selling 503 shares during the quarter. Ameriprise Financial Inc.’s holdings in U.S. Global Jets ETF were worth $787,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in JETS. Kohmann Bosshard Financial Services LLC purchased a new position in shares of U.S. Global Jets ETF during the 4th quarter worth $25,000. Sims Investment Management LLC acquired a new position in shares of U.S. Global Jets ETF during the fourth quarter worth about $49,000. Pinnacle Holdings LLC acquired a new position in U.S. Global Jets ETF during the 4th quarter worth approximately $69,000. Roxbury Financial LLC purchased a new position in shares of U.S. Global Jets ETF in the fourth quarter valued at $73,000. Finally, Leuthold Group LLC acquired a new stake in shares of U.S. Global Jets ETF during the fourth quarter valued at about $1,095,000.

U.S. Global Jets ETF Price Performance

Shares of JETS stock opened at $22.81 on Tuesday. The firm has a fifty day moving average of $20.61 and a two-hundred day moving average of $23.35. The firm has a market cap of $871.34 million, a P/E ratio of 10.60 and a beta of 1.30. U.S. Global Jets ETF has a 1-year low of $16.48 and a 1-year 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.