Lindbrook Capital LLC Sells 2,000 Shares of U.S. Global Jets ETF (NYSEARCA:JETS)

Lindbrook Capital LLC lessened its holdings in U.S. Global Jets ETF (NYSEARCA:JETS) by 13.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,040 shares of the company’s stock after selling 2,000 shares during the quarter. Lindbrook Capital LLC’s holdings in U.S. Global Jets ETF were worth $331,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Flow Traders U.S. LLC increased its position in U.S. Global Jets ETF by 186.7% during 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 in the last quarter. Leuthold Group LLC acquired a new position in shares of U.S. Global Jets ETF during the fourth quarter worth $1,095,000. Sims Investment Management LLC bought a new position in shares of U.S. Global Jets ETF in the 4th quarter valued at $49,000. Roxbury Financial LLC acquired a new stake in shares of U.S. Global Jets ETF during the 4th quarter valued at $73,000. Finally, Avior Wealth Management LLC grew its position in U.S. Global Jets ETF by 656.8% during the 4th quarter. Avior Wealth Management LLC now owns 1,438 shares of the company’s stock worth $36,000 after acquiring an additional 1,248 shares during the last quarter.

U.S. Global Jets ETF Trading Down 3.0 %

U.S. Global Jets ETF stock opened at $23.26 on Friday. The stock has a 50-day moving average price of $25.57 and a two-hundred day moving average price of $23.31. U.S. Global Jets ETF has a 12 month low of $16.48 and a 12 month high of $27.10. The company has a market capitalization of $858.29 million, a PE ratio of 11.94 and a beta of 1.40.

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.