Traders 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 Wednesday. Stock investors acquired 31,867 call options on the stock. This represents an increase of approximately 113% compared to the typical daily volume of 14,987 call options.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Fullerton Fund Management Co Ltd. purchased a new stake in shares of U.S. Global Jets ETF in the fourth quarter worth $11,875,000. Leuthold Group LLC bought a new position in U.S. Global Jets ETF in the 4th quarter worth $1,095,000. DRW Securities LLC increased its stake in U.S. Global Jets ETF by 23.1% in the 4th quarter. DRW Securities LLC now owns 53,767 shares of the company’s stock worth $1,363,000 after buying an additional 10,083 shares in the last quarter. Roxbury Financial LLC bought a new stake in U.S. Global Jets ETF during the fourth quarter valued at about $73,000. Finally, Pinnacle Holdings LLC purchased a new position in shares of U.S. Global Jets ETF in the fourth quarter valued at about $69,000.

U.S. Global Jets ETF Stock Performance

Shares of U.S. Global Jets ETF stock opened at $19.12 on Friday. The stock has a market cap of $676.85 million, a P/E ratio of 10.69 and a beta of 1.19. The stock’s fifty day moving average is $23.87 and its 200 day moving average is $23.74. U.S. Global Jets ETF has a one year low of $16.48 and a one 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.