, usually see their spike in asset flows occur when the underlying securities of the ETF are rising in price and investors want to participate in the rally.
JETS bucks that trend. The ETF is down 60% since its assets have increased more than 17-fold, an indication that investors are betting on a recovery in the airline industry. Additionally, JETS is seeing higher and more intense fund flows than many previous theme ETFs that were at the right place at the right time and experienced a surge in assets under management.on Wednesday, "I went back and compared the intensity and amount of inflows of $JETS to $HACK, $ROBO and $MJ, three theme ETFs that caught fire back in day and none of them put down numbers like $JETS, even during their best runs.
The fund flow into JETS is consistent with data from Robintrack, a service that tracks the number of Robinhood accounts that own a particular stock or ETF.Number of Robinhood accounts that own JETS ETFOn March 3, just 386 Robinhood accounts owned JETS. Today, more than 20,000 do, representing an increase of more than 5,000%.
TogetherWeCan
Filing this in the let’s revisit in a year folder.
hblodget Ryan_Dagner
Love to see how this plays out!
All aboard the germ tube express!
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Unemployment will surge to 15% on 22 million jobs lost in April: BofA - Business Insider'The April employment report will reveal unprecedented job losses as the economy has been shut down to control the spread of COVID-19,' said BofA. UBI is the only realistic way to address this. Here in Uganda,CEOs are donating to the National task force for food relief but cutting employees salary in back rooms to around 40% Mark55____ Economy’s doing fine!
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Tesla investors making mistake by ignoring factory shutdown: expert - Business InsiderTesla investors should brace for an ugly couple months as the company's US factory remains closed indefinitely, analyst warns
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
United Airlines sued over cuts, accused of violating bailout terms - Business InsiderUnited is being sued by a union representing 27,000 of its workers after the airline reduced work weeks from 40 hours to 30 due to the pandemic. Hi there I'm a Professional Graphics Designer and Logo Designer. You can get any of your graphics related work done for just $5-15. You can use your business card and unique logo and letterhead and flyer banner, etc. I'll try to give my best. Thanks.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Investing strategy, global stock picks from fund manager David Dudding - Business InsiderA fund manager trouncing 90% of his rivals shared with us 5 trades he's making to stay ahead — including a big bet on Disney after it was crushed in the pandemic sell-off
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Robinhood raised $280 million despite decrease in fintech funding - Business InsiderRobinhood should focus its large cash injection on consolidating resources and fixing existing issues to better withstand the economic downturn
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »