Flow Traders U.S. LLC Acquires Shares of 348,223 U.S. Global Jets ETF $JETS

Flow Traders U.S. LLC bought a new position in shares of U.S. Global Jets ETF (NYSEARCA:JETS) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 348,223 shares of the company’s stock, valued at approximately $8,584,000.

Several other hedge funds have also modified their holdings of the business. NewEdge Advisors LLC grew its holdings in U.S. Global Jets ETF by 18.8% during the first quarter. NewEdge Advisors LLC now owns 3,164 shares of the company’s stock worth $66,000 after acquiring an additional 500 shares during the period. RPg Family Wealth Advisory LLC boosted its position in shares of U.S. Global Jets ETF by 3.1% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 28,288 shares of the company’s stock worth $650,000 after purchasing an additional 838 shares in the last quarter. Leuthold Group LLC grew its stake in shares of U.S. Global Jets ETF by 2.6% during the 2nd quarter. Leuthold Group LLC now owns 53,461 shares of the company’s stock worth $1,228,000 after purchasing an additional 1,380 shares during the period. Quadrature Capital Ltd purchased a new position in U.S. Global Jets ETF in the third quarter valued at about $6,509,000. Finally, JPMorgan Chase & Co. increased its stake in U.S. Global Jets ETF by 24.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,634,844 shares of the company’s stock valued at $83,492,000 after purchasing an additional 724,885 shares in the last quarter.

U.S. Global Jets ETF Stock Down 0.7%

NYSEARCA:JETS opened at $24.05 on Monday. The company has a market capitalization of $715.49 million, a PE ratio of 9.62 and a beta of 1.33. The stock has a fifty day simple moving average of $28.49 and a 200-day simple moving average of $26.88. U.S. Global Jets ETF has a 52-week low of $17.11 and a 52-week high of $31.33.

U.S. Global Jets ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.2329 per share. This represents a dividend yield of 82.0%. The ex-dividend date was Wednesday, December 24th.

U.S. Global Jets ETF 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.