U.S. Global Jets ETF (NYSEARCA:JETS) Reaches New 12-Month High – Here’s What Happened

U.S. Global Jets ETF (NYSEARCA:JETSGet Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $22.90 and last traded at $22.90, with a volume of 14079 shares traded. The stock had previously closed at $22.54.

U.S. Global Jets ETF Stock Down 1.0 %

The company’s fifty day moving average price is $20.07 and its 200 day moving average price is $19.74. The company has a market capitalization of $1.45 billion, a P/E ratio of 26.39 and a beta of 1.18.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in U.S. Global Jets ETF stock. Family Firm Inc. acquired a new stake in U.S. Global Jets ETF (NYSEARCA:JETSFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,819 shares of the company’s stock, valued at approximately $75,000.

About U.S. Global Jets ETF

(Get Free Report)

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.

Further Reading

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