The JETS ETF assets have surged nearly 3,000% in 3 months - Business Insider

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A once-obscure airline ETF has seen assets surge nearly 3,000% in 3 months, boosted by millennial day traders

, saying that the industry may not recover from the impact of the coronavirus pandemic. Since, JETS has had nearly $300 million in inflows, according to Bloomberg. is down roughly 43% year-to-date, after suffering in the coronavirus-induced market meltdown earlier in the year.

The fund's top holdings consist of the four major US airlines, and it will soon begin investing in Canadian carriers as well. Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.

 

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