Airline ETF Takes Flight as Capacity Concerns Abate

MarketsETF Trends

This article was originally published on ETFTrends.com.

With airline stocks taking off, a sector-related exchange traded fund is now trading back above its long-term trend line. The U.S. Global Jets ETF (NYSEArca: JETS), the only available pure-play fund that focuses on the global aviation industry, is trading back above its long-term trend line at the 200-day simple moving average after rising 12.0% since [...]

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