Shares of U.S. Global Jets ETF (NYSEARCA:JETS – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $26.50 and last traded at $26.50, with a volume of 96758 shares trading hands. The stock had previously closed at $25.77.
U.S. Global Jets ETF Trading Up 1.4 %
The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 26.39 and a beta of 1.18. The stock’s 50 day moving average price is $24.87 and its 200 day moving average price is $21.40.
Institutional Investors Weigh In On U.S. Global Jets ETF
A hedge fund recently bought a new stake in U.S. Global Jets ETF stock. Halpern Financial Inc. bought a new stake in U.S. Global Jets ETF (NYSEARCA:JETS – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 6,930 shares of the company’s stock, valued at approximately $140,000.
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.
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