United Airlines Record Run Helped Provide Airline ETF a Strong Tailwind
This article was originally published on ETFTrends.com.
Airline sector-related exchange traded fund is beginning to gain speed, with United Airlines (NasdaqGS: UAL) shares break into new record highs. The U.S. Global Jets ETF (NYSEArca: JETS), the only available pure-play fund that focuses on the global aviation industry, rose 1.1% Monday and gained 4.9% over the past month, trading back above its long-term trend [...]