U.S. Global Jets ETF (NYSEARCA:JETS) Shares Pass Above Fifty Day Moving Average – Here’s Why

Posted by Dante Gardener on May 8th, 2026

Shares of U.S. Global Jets ETF (NYSEARCA:JETS – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $25.85 and traded as high as $28.11. U.S. Global Jets ETF shares last traded at $27.59, with a volume of 5,762,207 shares.

U.S. Global Jets ETF Price Performance

The company has a 50 day moving average price of $25.85 and a two-hundred day moving average price of $26.91. The stock has a market cap of $801.49 million, a PE ratio of 9.62 and a beta of 1.16.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Ares Financial Consulting LLC purchased a new position in shares of U.S. Global Jets ETF in the fourth quarter worth $49,000. NewEdge Advisors LLC raised its stake in shares of U.S. Global Jets ETF by 18.8% in the first quarter. NewEdge Advisors LLC now owns 3,164 shares of the company’s stock worth $66,000 after purchasing an additional 500 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of U.S. Global Jets ETF in the fourth quarter worth $85,000. AdvisorNet Financial Inc raised its stake in shares of U.S. Global Jets ETF by 1,730.9% in the first quarter. AdvisorNet Financial Inc now owns 4,980 shares of the company’s stock worth $123,000 after purchasing an additional 4,708 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in shares of U.S. Global Jets ETF by 48.1% in the fourth quarter. Private Trust Co. NA now owns 7,403 shares of the company’s stock worth $208,000 after purchasing an additional 2,403 shares during 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.