Investors Buy High Volume of U.S. Global Jets ETF Call Options (NYSEARCA:JETS)

U.S. Global Jets ETF (NYSEARCA:JETS) was the target of unusually large options trading activity on Thursday. Stock traders acquired 29,571 call options on the stock. This represents an increase of 62% compared to the typical daily volume of 18,199 call options.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Family Firm Inc. bought a new stake in shares of U.S. Global Jets ETF during the 2nd quarter valued at $75,000. Halpern Financial Inc. purchased a new position in U.S. Global Jets ETF during the third quarter valued at $140,000. Finally, Flow Traders U.S. LLC grew its stake in U.S. Global Jets ETF by 186.7% during the third quarter. Flow Traders U.S. LLC now owns 142,713 shares of the company’s stock valued at $2,957,000 after acquiring an additional 92,939 shares in the last quarter.

U.S. Global Jets ETF Trading Down 0.9 %

JETS opened at $25.52 on Friday. U.S. Global Jets ETF has a 1-year low of $16.48 and a 1-year high of $26.09. The company has a market capitalization of $1.63 billion, a PE ratio of 26.39 and a beta of 1.18. The firm’s 50 day simple moving average is $23.08 and its two-hundred day simple moving average is $20.49.

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.