Welcome to our dedicated page for US Global Invstr news (Ticker: GROW), a resource for investors and traders seeking the latest updates and insights on US Global Invstr stock.
U.S. Global Investors, Inc. (NASDAQ: GROW) is a San Antonio, Texas-based registered investment adviser that regularly issues news and updates about its specialized investment strategies and financial performance. This news page aggregates company press releases and third-party coverage related to its role as adviser to U.S. Global Investors Funds and U.S. Global ETFs.
Readers can find announcements on earnings and results of operations, which the company also furnishes to the U.S. Securities and Exchange Commission via Form 8-K. These releases discuss topics such as changes in assets under management, investment income, operating revenues, shareholder yield, liquidity and capital resources. The company also reports on Board-approved monthly dividends and activity under its share repurchase program.
News items highlight sector-focused ETFs for which U.S. Global Investors serves as investment adviser. Examples include the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), the U.S. Global Jets ETF (JETS), the U.S. Global Technology and Aerospace & Defense ETF (WAR) and the U.S. Global Sea to Sky Cargo ETF (SEA). Articles describe how these funds apply Smart Beta 2.0 or active management approaches to areas such as gold and precious metals, airlines, defense and technology, and global shipping and air freight.
Company communications also cover developments like GOAU’s transition from passive indexing to active management, international listings of ETFs on exchanges in Mexico and Colombia, and thematic commentary on gold, airlines, defense spending and the so‑called Fear Trade. In addition, U.S. Global Investors occasionally publishes news about community initiatives, such as its partnership with Keystone School to support a Model United Nations program.
Investors and researchers can use this page to review historical and recent news on GROW, including dividend declarations, ETF milestones, webcast announcements and sector commentary directly from U.S. Global Investors.
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U.S. Global Investors, which manages the U.S. Global Jets ETF (GROW), announced that the ETF is now available for trading through Bank of America-Merrill. Launched in April 2015, JETS focuses on the global aviation sector, investing in airlines, airports, and travel-related companies. The ETF has shown strong performance, outperforming the NYSE Arca Global Airline Index and the S&P 500 over a six-month period ending February 2023. The International Civil Aviation Organization forecasts that air passenger demand will return to pre-pandemic levels by Q1 2023, boosting optimism for JETS' future performance.
U.S. Global Investors, Inc. (NASDAQ: GROW) announced the continuation of monthly dividends for the fourth fiscal quarter of 2023, with a dividend of $0.0075 per share starting in April 2023 through June 2023. The record dates are set for April 10, May 8, and June 12, while payment dates will be April 24, May 22, and June 26. This marks over 13 years of monthly dividend payments. The Board will evaluate future dividends based on financial performance, earnings, and business conditions. CEO Frank Holmes highlighted the benefits of their mutual funds, particularly in light of potential tax increases on high earners.