MCD - New restaurant ETF to trade ahead of dining out recovery period

AdvisorShares is launching an all-restaurant ETF this week. The AdvisorShares Restaurant ETF (EATZ) is said to be the only ETF investing exclusively in the restaurant and food service industry, and will include stocks of restaurants, bars, pubs, fast food, take out facilities, food catering services and more. AdvisorShares says the companies in EATZ's investable universe represent some of the world's most iconic and recognizable brands across a variety of restaurant formats and related food services Stocks that could be included in the fund include McDonald's (MCD), Starbucks (SBUX), Chipotle (CMG), Yum Brands (YUM), United Natural Foods (UNFI), Shake Shack (SHAK) and Chefs' Warehouse (CHEF). Yesterday, Oppenheimer called Starbucks a top pick and McDonald's and Brinker International have been called post-vaccine winners by UBS.

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New restaurant ETF to trade ahead of dining out recovery period