U.S. Global Jets ETF (NYSEARCA:JETS – Get Free Report) was the recipient of some unusual options trading activity on Tuesday. Investors purchased 76,905 put options on the stock. This represents an increase of 310% compared to the typical daily volume of 18,756 put options.
Institutional Trading of U.S. Global Jets ETF
Several hedge funds and other institutional investors have recently bought and sold shares of JETS. Flow Traders U.S. LLC boosted its position in shares of 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 buying an additional 92,939 shares during the period. Avior Wealth Management LLC increased its stake in U.S. Global Jets ETF by 656.8% in the 4th quarter. Avior Wealth Management LLC now owns 1,438 shares of the company’s stock worth $36,000 after buying an additional 1,248 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in U.S. Global Jets ETF during the 4th quarter valued at about $25,000. Sims Investment Management LLC purchased a new stake in U.S. Global Jets ETF in the 4th quarter valued at about $49,000. Finally, Leuthold Group LLC bought a new position in U.S. Global Jets ETF in the 4th quarter worth about $1,095,000.
U.S. Global Jets ETF Price Performance
NYSEARCA:JETS opened at $25.88 on Thursday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 26.39 and a beta of 1.18. The business has a 50 day simple moving average of $25.62 and a 200-day simple moving average of $22.31. 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.
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