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

U.S. Global Jets ETF (NYSEARCA:JETS) was the recipient of unusually large options trading on Tuesday. Stock investors acquired 57,102 put options on the stock. This is an increase of 183% compared to the average volume of 20,152 put options.

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

Several large investors have recently added to or reduced their stakes in JETS. Ayalon Insurance Comp Ltd. increased its holdings in shares of U.S. Global Jets ETF by 4.9% during the third quarter. Ayalon Insurance Comp Ltd. now owns 84,336 shares of the company’s stock valued at $1,436,000 after purchasing an additional 3,963 shares during the period. NBC Securities Inc. acquired a new position in shares of U.S. Global Jets ETF during the third quarter valued at $77,000. BNP Paribas Financial Markets increased its holdings in shares of U.S. Global Jets ETF by 31.7% during the fourth quarter. BNP Paribas Financial Markets now owns 98,266 shares of the company’s stock valued at $1,870,000 after purchasing an additional 23,673 shares during the period. Finally, Livelsberger Financial Advisory acquired a new position in shares of U.S. Global Jets ETF during the fourth quarter valued at $26,000.

U.S. Global Jets ETF Price Performance

Shares of NYSEARCA JETS opened at $20.43 on Thursday. U.S. Global Jets ETF has a 1-year low of $14.69 and a 1-year high of $22.50. The business’s fifty day moving average price is $20.18 and its two-hundred day moving average price is $18.52. The firm has a market capitalization of $1.25 billion, a PE ratio of 25.47 and a beta of 1.22.

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.