U.S. Global Jets ETF Sees Unusually High Options Volume (NYSEARCA:JETS)

U.S. Global Jets ETF (NYSEARCA:JETS) saw some unusual options trading activity on Thursday. Stock investors purchased 17,686 put options on the company. This is an increase of approximately 66% compared to the typical volume of 10,645 put options.

Institutional Investors Weigh In On U.S. Global Jets ETF

Several institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC increased its holdings in U.S. Global Jets ETF by 18.8% in the first quarter. NewEdge Advisors LLC now owns 3,164 shares of the company’s stock worth $66,000 after buying an additional 500 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in U.S. Global Jets ETF by 24.9% in the second quarter. JPMorgan Chase & Co. now owns 3,634,844 shares of the company’s stock valued at $83,492,000 after acquiring an additional 724,885 shares during the last quarter. Leuthold Group LLC grew its position in U.S. Global Jets ETF by 2.6% in the second quarter. Leuthold Group LLC now owns 53,461 shares of the company’s stock worth $1,228,000 after acquiring an additional 1,380 shares in the last quarter. RPg Family Wealth Advisory LLC increased its stake in shares of U.S. Global Jets ETF by 3.1% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 28,288 shares of the company’s stock worth $650,000 after purchasing an additional 838 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new position in shares of U.S. Global Jets ETF during the 3rd quarter worth $6,509,000.

U.S. Global Jets ETF Trading Down 4.5%

NYSEARCA JETS opened at $26.08 on Friday. U.S. Global Jets ETF has a 1-year low of $17.11 and a 1-year high of $31.33. The firm’s fifty day simple moving average is $28.87 and its 200-day simple moving average is $26.90. The company has a market capitalization of $775.88 million, a PE ratio of 9.62 and a beta of 1.33.

U.S. Global Jets ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a $0.2329 dividend. This represents a yield of 82.0%. The ex-dividend date of this dividend was Wednesday, December 24th.

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.