The U.S. Global Jets ETF co-creator Frank Holmes tells Proactive the fund, co-created by HANetf and US Global Investors, has traded up by 10% to just under $25 on the back of the U.S. lifting restrictions on November 8th for vaccinated foreign travelers. Holmes says prior to the pandemic, the TSA measured 2.7M travelers cleared per day, falling less than 90,000 people in April 2020. Now, he says, because the US is allowing foreign travelers across the border, he expects a big ramp-up of visitors to take flight.
The U.S. Global Jets ETF co-creator says fund up 10% on back US opening borders to foreign visitors