After having a rather rough start to the first quarter, United Airlines has bounced back +12% after reporting earnings yesterday. The report was very positive boasting more than twice as much revenue as the previous year. With demand spiking and the recent lift of airline mask mandates, enthusiasm has been building for airline stocks and ETFs.
ETF Newz Says:
Over 100 ETFs hold United Airlines with the biggest holder being U.S. Global Jets ETF (JETS) with allocation at almost 23%, the SonicShares Airlines, Hotels, Cruise Lines ETF (TRYP) 4%, and Defiance Hotel, Airline, and Cruise ETF (CRUZ) 3%.
