AdvisorShares Drone Technology ETF (UAV)
AdvisorShares Drone Technology ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $22.81, down 0.92% on the session, giving a market capitalisation of $635,760. Its beta of 0.00 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) endeavors to meet its investment goals by committing at least 80% of its net assets (along with any borrowed capital for investment) to companies. These firms must derive a minimum of 50% of their revenue or profits from the operation, manufacture, or underlying technology supporting the development and production of drones. At least a quarter (25%) of the fund's portfolio will be concentrated in securities from the Aerospace & Defense sector. This ETF operates as a non-diversified fund.
AdvisorShares Drone Technology ETF is most often compared with the following Financial Services names: