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

U.S. Global Jets ETF (NYSEARCA:JETS) was the target of some unusual options trading activity on Tuesday. Stock investors acquired 57,102 put options on the stock. This is an increase of approximately 183% compared to the average volume of 20,152 put options.

U.S. Global Jets ETF Trading Down 0.7 %

JETS stock opened at $20.83 on Wednesday. The company has a market cap of $1.27 billion, a P/E ratio of 25.47 and a beta of 1.22. U.S. Global Jets ETF has a 52 week low of $14.69 and a 52 week high of $22.50. The company’s 50-day moving average price is $20.17 and its 200 day moving average price is $18.50.

Institutional Trading of U.S. Global Jets ETF

Institutional investors have recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory acquired a new position in U.S. Global Jets ETF during the fourth quarter worth about $26,000. NBC Securities Inc. acquired a new position in shares of U.S. Global Jets ETF in the third quarter valued at approximately $77,000. Ayalon Insurance Comp Ltd. raised its position in shares of U.S. Global Jets ETF by 4.9% in the third quarter. Ayalon Insurance Comp Ltd. now owns 84,336 shares of the company’s stock valued at $1,436,000 after buying an additional 3,963 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of U.S. Global Jets ETF by 31.7% in the fourth quarter. BNP Paribas Financial Markets now owns 98,266 shares of the company’s stock valued at $1,870,000 after buying an additional 23,673 shares during the last quarter.

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.