JPMorgan Chase & Co. Sells 226,291 Shares of U.S. Global Jets ETF (NYSEARCA:JETS)

JPMorgan Chase & Co. decreased its holdings in shares of U.S. Global Jets ETF (NYSEARCA:JETS) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,628,162 shares of the company’s stock after selling 226,291 shares during the quarter. JPMorgan Chase & Co. owned approximately 7.25% of U.S. Global Jets ETF worth $95,896,000 as of its most recent SEC filing.

Separately, Flow Traders U.S. LLC lifted its holdings in U.S. Global Jets ETF by 186.7% in the 3rd quarter. Flow Traders U.S. LLC now owns 142,713 shares of the company’s stock worth $2,957,000 after purchasing an additional 92,939 shares during the last quarter.

U.S. Global Jets ETF Stock Down 1.0 %

NYSEARCA:JETS opened at $25.10 on Friday. The company’s 50 day moving average is $24.59 and its 200-day moving average is $21.20. U.S. Global Jets ETF has a 12 month low of $16.48 and a 12 month high of $26.12. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 26.39 and a beta of 1.18.

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.