ETF Trends
ETF Trends

A rally in shares of Delta Air Lines (NSYE: DAL) and U.S. Airways (NYSE: LCC) provided a lift Tuesday to exchange traded funds (ETFs) that invest in airline stocks.

Delta shares were up nearly 8% at last check, while US Airways added about 5% after the companies announced quarterly results.

The two stocks account for 12.8% and 4.3%, respectively, of the $22.6 million Guggenheim Arca Airline ETF (NYSEArca: FAA). It rose nearly 3% Tuesday morning. [Airline ETFs: Industry Hostage To Rising Energy Costs and an Aging Fleet.]

Direxion Airline Shares (NYSEArca: FLYX) is another ETF for the sector.

Guggenheim Arca Airline ETF

The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.