US Global Investors announces Merger of Europe-Domiciled Airlines ETF into the Travel UCITS ETF

News Direct04-25

Vancouver, Canada --News Direct-- U.S. Global Investors U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to share an update on the company's Europe-domiciled airlines ETF, ...

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U.S. Global Investors acquired TRIP from HANetf, a leading provider of UCITS ETFs in Europe. It's important to note that TRIP is distinct from the U.S. online booking company TripAdvisor, which trades under the same ticker symbol  on the Nasdaq.Holmes explained that TRIP aims to track the Solactive Travel Index, which includes publicly-listed companies operating in the travel industry, such as airlines, hotels, travel agencies, and cruise lines. The inclusion of cruise lines in TRIP reflects the broader global travel investment theme, making it a strategic addition to U.S. Global Investors' product lineup.The merger of U.S. Global Jets UCITS ETF into TRIP reflects the company's strategic approach to capturing opportunities in the evolving travel industry land","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GROW":"美国全球投资者","BK4077":"互动媒体与服务","BK4585":"ETF&股票定投概念","TRIP":"猫途鹰","BK4588":"碎股","FDN":"First Trust Dow Jones Internet I","BK4550":"红杉资本持仓","BK4135":"资产管理与托管银行","CLIA":"VERIDIEN CLIMATE ACTION ETF"},"translate_title":"美国全球投资者宣布将欧洲航空公司ETF并入旅游UCITS ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLIA":1,"FDN":1,"GROW":1,"TRIP":1},"content_text":"Vancouver, Canada --News Direct-- U.S. Global Investors\nU.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to share an update on the company's Europe-domiciled airlines ETF, the U.S. Global Jets UCITS ETF, which has undergone a merger into the Travel UCITS ETF (TRIP). U.S. Global Investors acquired TRIP from HANetf, a leading provider of UCITS ETFs in Europe. It's important to note that TRIP is distinct from the U.S. online booking company TripAdvisor, which trades under the same ticker symbol (TRIP) on the Nasdaq.\nHolmes explained that TRIP aims to track the Solactive Travel Index, which includes publicly-listed companies operating in the travel industry, such as airlines, hotels, travel agencies, and cruise lines. The inclusion of cruise lines in TRIP reflects the broader global travel investment theme, making it a strategic addition to U.S. Global Investors' product lineup.\nAccording to data from the Cruise Lines International Association (CLIA), global cruise passenger volumes increased by nearly 7% from 2019 to 2023, with North America experiencing the strongest growth at 17.5%. This surge in demand for leisure travel has translated into higher revenues for cruise lines. In 2023, industry giants Carnival, Royal Caribbean, and Norwegian Cruise Line Holdings collectively reported approximately $44 billion in trailing 12-month net sales, up from $38.2 billion in pre-pandemic 2019.\nThe merger of U.S. Global Jets UCITS ETF into TRIP reflects the company's strategic approach to capturing opportunities in the evolving travel industry landscape, driven by increasing consumer demand and recovery from the pandemic's impact.\nContact Details\nProactive North America\n+1 604-688-8158\nNA-editorial@proactiveinvestors.com\nView source version on newsdirect.com: https://newsdirect.com/news/us-global-investors-announces-merger-of-europe-domiciled-airlines-etf-into-the-travel-ucits-etf-120059927","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430326282"}