Tom Lydon of ETF Trends says that funds with exposure to the airline industry have the potential to take off later this year, basing his determination on soaring profits in the space as well as lower input costs. The article specifically notes the recent view from investment research group S&P Capital IQ, which overweighted the U.S. Global Jets ETF (JETS) as of August 4, and explains that many of these airline names are capitalizing on lower energy prices.
Article summary written by U.S. Global Investors.