AdvisorShares Restaurant ETF (EATZ)
AdvisorShares Restaurant ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $27.20, up 0.67% on the session, giving a market capitalisation of $2.8M. Its beta of 1.18 implies it has historically moved more than the broad market.
This actively managed Exchange Traded Fund (ETF) endeavors to meet its investment objectives by allocating a minimum of 80% of its net assets (including any funds borrowed for investment) to companies that generate at least half of their revenue from the restaurant sector. The portfolio primarily comprises U.S. exchange-listed equity securities, including common stock, preferred stock, and American Depositary Receipts (ADRs). Furthermore, the fund dedicates at least 25% of its investments to the Hotels, Restaurants & Leisure Industry, a component of the Consumer Discretionary Sector. It operates as a non-diversified investment vehicle.
AdvisorShares Restaurant ETF is most often compared with the following Financial Services names: