3 ETFs for a Strong Economic Recovery From the Pandemic

Morningstar’s Alex Bryan highlighted three ETFs that could benefit from a strong economic recovery from the coronavirus pandemic – one of which is the U.S. Global Jets ETF (JETS). Bryan said some segments of the market could bounce back stronger than others, such as the airline sector, which sold off faster than the wider market … Continued

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Are Airline Stocks Ready to Take Off as Travel Rebounds?

Airline stocks could be looking at a recovery as travel picks up. More than 1.5 million passengers went through TSA checkpoints during Memorial Day weekend – the highest traffic level since March when stay-at-home orders took effect. American Airlines said its traffic was 320 percent better from May 22 through May 25 than April 10 … Continued

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A New Direction for the JETS Index

The U.S. Global Jets Index is undergoing a change in the June 2020 rebalance. The index, which is composed of domestic and international passenger airlines, aircraft manufacturers, airports and more, is growing to 39 components, up from the current maximum of 35.  A filing with the SEC confirming the change reads: “At the time of … Continued

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Investors Bet on Airlines

More investors are betting on airline stocks, as evidenced by strong inflows into the only dedicated airline ETF on the market. The U.S. Global Jets ETF (JETS) had $52 million in assets as of December 31, 2019 and crossed above the $1 billion asset mark just a few months later on June 2, 2020. The … Continued

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Buy an Airline ETF or Individual Airline Names?

The International Air Transport Association (IATA) estimates that the COVID-19 outbreak could cost the global airline industry more than $133 billion from canceled and postponed flights. For those considering jumping into the airline space while stocks are down – is an airline ETF or individual airline stocks the way to go? Will Ashworth, InvestorPlace contributor, … Continued

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