Ibex Wealth Advisors Purchases 23,760 Shares of U.S. Global Jets ETF $JETS

Ibex Wealth Advisors acquired a new stake in U.S. Global Jets ETF (NYSEARCA:JETS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 23,760 shares of the company’s stock, valued at approximately $671,000. Ibex Wealth Advisors owned approximately 0.08% of U.S. Global Jets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Highland Investment Advisors LLC purchased a new stake in shares of U.S. Global Jets ETF during the 2nd quarter worth about $167,000.

U.S. Global Jets ETF Stock Down 0.7%

Shares of NYSEARCA:JETS traded down $0.20 during trading on Friday, reaching $28.84. 2,845,688 shares of the company’s stock traded hands, compared to its average volume of 4,037,005. U.S. Global Jets ETF has a fifty-two week low of $23.53 and a fifty-two week high of $34.06. The firm has a market cap of $911.34 million, a PE ratio of 14.67 and a beta of 1.30. The company has a 50-day simple moving average of $27.88 and a 200-day simple moving average of $28.42.

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.