Traders Buy Large Volume of U.S. Global Jets ETF Put Options (NYSEARCA:JETS)

U.S. Global Jets ETF (NYSEARCA:JETSGet Free Report) was the target of some unusual options trading activity on Friday. Traders acquired 29,393 put options on the stock. This is an increase of approximately 118% compared to the typical volume of 13,468 put options.

U.S. Global Jets ETF Stock Up 0.2 %

U.S. Global Jets ETF stock opened at $19.73 on Friday. The firm has a market cap of $1.26 billion, a PE ratio of 26.39 and a beta of 1.18. U.S. Global Jets ETF has a 52-week low of $14.69 and a 52-week high of $22.50. The company’s 50 day moving average is $20.26 and its two-hundred day moving average is $19.73.

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

A number of hedge funds and other institutional investors have recently modified their holdings of JETS. Livelsberger Financial Advisory acquired a new stake in U.S. Global Jets ETF during the 4th quarter worth $26,000. Ayalon Insurance Comp Ltd. raised its stake in U.S. Global Jets ETF by 4.3% during the 1st quarter. Ayalon Insurance Comp Ltd. now owns 87,976 shares of the company’s stock worth $1,848,000 after acquiring an additional 3,640 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in U.S. Global Jets ETF by 31.7% during the 4th quarter. BNP Paribas Financial Markets now owns 98,266 shares of the company’s stock worth $1,870,000 after acquiring an additional 23,673 shares in the last quarter.

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.

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