U.S. Global Jets ETF Target of Unusually High Options Trading (NYSEARCA:JETS)

Posted by Tyrone Williams on Apr 2nd, 2025

U.S. Global Jets ETF (NYSEARCA:JETS – Get Free Report) was the target of unusually large options trading on Wednesday. Stock investors bought 31,867 call options on the stock. This represents an increase of approximately 113% compared to the average daily volume of 14,987 call options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of U.S. Global Jets ETF in the 4th quarter valued at $25,000. Avior Wealth Management LLC boosted its position in U.S. Global Jets ETF by 656.8% during the fourth quarter. Avior Wealth Management LLC now owns 1,438 shares of the company’s stock valued at $36,000 after buying an additional 1,248 shares during the period. Sims Investment Management LLC bought a new position in shares of U.S. Global Jets ETF during the fourth quarter valued at about $49,000. Pinnacle Holdings LLC purchased a new position in shares of U.S. Global Jets ETF in the fourth quarter worth about $69,000. Finally, Roxbury Financial LLC bought a new stake in shares of U.S. Global Jets ETF in the 4th quarter valued at about $73,000.

U.S. Global Jets ETF Stock Performance

U.S. Global Jets ETF stock traded up $0.50 during midday trading on Wednesday, hitting $20.94. 3,379,293 shares of the company’s stock were exchanged, compared to its average volume of 2,366,317. The stock has a 50-day moving average price of $24.13 and a two-hundred day moving average price of $23.79. U.S. Global Jets ETF has a 52-week low of $16.48 and a 52-week high of $27.10. The company has a market cap of $741.28 million, a P/E ratio of 10.69 and a beta of 1.19.

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.