SUBZ - AdvisorShares launches two thematic ETFs: EATZ & BEDZ
AdvisorShares Restaurant ETF (EATZ) and AdvisorShares Hotel ETF (BEDZ) are two new thematic exchange traded funds by AdvisorShares.EATZ allows market participants to invest in current and emerging trends in restaurants and food industries. EATZ top three holdings are Jack In The Box, Yum! Brands and Brinker International weighted at 6.17%, 5.73%, and 5.71%, respectively. Furthermore, EATZ comes to market with an expense ratio of 0.79%. See additional information.BEDZ provides investors the opportunity to allocate their capital in the global hotel and travel-related services. BEDZ top three holdings are VICI Properties, Airbnb, and Extended Stay America, weighted at 4.96%, 4.88%, and 4.82%, respectively. Furthermore, BEDZ comes to market with an expense ratio of 0.79%. See additional information.Per Yahoo Finance, Noah Hamman, Chief Executive Officer of AdvisorShares, stated: "We believe BEDZ and EATZ are uniquely positioned with their upside potential during an economic recovery and for the long-term growth opportunity that they may offer."Hamman continued
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AdvisorShares launches two thematic ETFs: EATZ & BEDZ