This ETF Booms as Investors Bet on Airlines


Investors looking to bet on the recovery of the global airline industry have poured hundreds of millions of dollars into a previously small exchange-traded fund over the past three months, bringing its assets under management to almost $1 billion.

The U.S. Global Jets ETF held around $33 million in assets in early March, according to FactSet, but now holds about $950 million. The fund has had net inflows for 62 consecutive trading days, according to FactSet, despite its price falling sharply during that period.



Read MoreThis ETF Booms as Investors Bet on Airlines

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