Family Firm Inc. Purchases Shares of 3,819 U.S. Global Jets ETF (NYSEARCA:JETS)

Family Firm Inc. purchased a new stake in shares of U.S. Global Jets ETF (NYSEARCA:JETS) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,819 shares of the company’s stock, valued at approximately $75,000.

Several other hedge funds and other institutional investors also recently modified their holdings of JETS. BNP Paribas Financial Markets lifted its holdings in shares of U.S. Global Jets ETF by 31.7% during the 4th quarter. BNP Paribas Financial Markets now owns 98,266 shares of the company’s stock worth $1,870,000 after acquiring an additional 23,673 shares during the last quarter. Livelsberger Financial Advisory bought a new position in U.S. Global Jets ETF in the fourth quarter valued at $26,000. Finally, Ayalon Insurance Comp Ltd. lifted its stake in U.S. Global Jets ETF by 4.3% during the first quarter. Ayalon Insurance Comp Ltd. now owns 87,976 shares of the company’s stock worth $1,848,000 after purchasing an additional 3,640 shares during the last quarter.

U.S. Global Jets ETF Trading Up 3.2 %

JETS opened at $18.35 on Friday. The stock has a market capitalization of $1.17 billion, a P/E ratio of 26.39 and a beta of 1.18. The stock has a 50-day moving average price of $18.74 and a 200-day moving average price of $19.70. U.S. Global Jets ETF has a 12-month low of $14.69 and a 12-month high of $21.38.

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.