U.S. Global Jets ETF (NYSEARCA:JETS – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $24.44 and last traded at $24.32, with a volume of 296400 shares traded. The stock had previously closed at $23.34.
U.S. Global Jets ETF Stock Performance
The company has a fifty day simple moving average of $20.90 and a 200 day simple moving average of $19.93. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 26.39 and a beta of 1.18.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in U.S. Global Jets ETF stock. Halpern Financial Inc. acquired a new stake in U.S. Global Jets ETF (NYSEARCA:JETS – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 6,930 shares of the company’s stock, valued at approximately $140,000.
About U.S. Global Jets ETF
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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