U.S. Global Investors Announces Record Inflows into Its Airlines ETF, the U.S. Global Jets ETF (JETS)
U.S. Global Investors, Inc. - Class A (GROW)
US:NASDAQ Investor Relations:
usfunds.com/about-us/investor-relations
Company Research
Source: GlobeNewswire
San Antonio, TX, April 03, 2020 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”) is pleased to announce significant inflows into its U.S. Global Jets ETF (JETS), with assets under management (AUM) jumping more than $250 million in the first quarter of 2020, from $52 million at the end of 2019 to $302 million as of March 31. Total AUM in the Company complex rose approximately 20 percent for the quarter. JETS reached another exciting new milestone recently. Daily trading volume for the airlines ETF crossed above 5 million shares for the first time ever on March 25. This represents a substantial increase from the same time a year earlier, when daily volume was approximately 11,700 shares. As of April 2, the average 30-day trading volume for JETS was 2 million. Airlines Critical to the U.S. and Global Economy As most
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