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Buffett Boosts Airline Exposure
from Zacks Investment Research
Warren Buffett’s Berkshire Hathaway increased its stake in a handful of commercial airlines in the fourth quarter, according to the company’s 13F filing, reports Zacks. Buffett, who famously shunned the airline industry for years, decided to jump into the sector during the second half of 2016, continuing to up his stakes with an overall airline investment tallied now to over $8 billion, the article continues. The U.S. Global Jets ETF (JETS), which invests in the global airline industry, gained about 26.80 percent in the last one year, as of February 16, 2017. Learn more in the full article, “Follow Warren Buffett with These ETF Strategies,” on Zacks.com.
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