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U.S. Global Jets ETF (NYSEARCA:JETS) Stock Crosses Below 50 Day Moving Average of $18.15

Defense World ·  Jul 16, 2022 03:21

U.S. Global Jets ETF (NYSEARCA:JETS – Get Rating) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $18.15 and traded as low as $16.78. U.S. Global Jets ETF shares last traded at $17.07, with a volume of 8,146,630 shares changing hands.

U.S. Global Jets ETF Trading Up 1.5 %

The company has a 50-day moving average of $18.15 and a two-hundred day moving average of $20.16.

Hedge Funds Weigh In On U.S. Global Jets ETF

Large investors have recently made changes to their positions in the business. Ensign Peak Advisors Inc purchased a new stake in shares of U.S. Global Jets ETF in the fourth quarter worth about $10,123,000. JPMorgan Chase & Co. lifted its position in shares of U.S. Global Jets ETF by 616.9% in the fourth quarter. JPMorgan Chase & Co. now owns 349,753 shares of the company's stock worth $7,376,000 after buying an additional 300,966 shares in the last quarter. Laurel Wealth Advisors Inc. lifted its position in shares of U.S. Global Jets ETF by 12.0% in the first quarter. Laurel Wealth Advisors Inc. now owns 165,789 shares of the company's stock worth $3,608,000 after buying an additional 17,771 shares in the last quarter. Miracle Mile Advisors LLC lifted its position in shares of U.S. Global Jets ETF by 40.3% in the first quarter. Miracle Mile Advisors LLC now owns 152,536 shares of the company's stock worth $3,319,000 after buying an additional 43,827 shares in the last quarter. Finally, WealthCare Investment Partners LLC purchased a new stake in shares of U.S. Global Jets ETF in the fourth quarter worth about $2,020,000.

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