AdvisorShares Hotel ETF (NYSEARCA:BEDZ – Get Free Report) rose 0.6% during mid-day trading on Thursday . The stock traded as high as $28.36 and last traded at $28.32. Approximately 1,168 shares changed hands during trading, an increase of 196% from the average daily volume of 395 shares. The stock had previously closed at $28.14.
AdvisorShares Hotel ETF Stock Up 0.6 %
The firm’s 50-day simple moving average is $27.73 and its 200-day simple moving average is $28.28. The firm has a market capitalization of $3.42 million, a PE ratio of 23.22 and a beta of 1.00.
About AdvisorShares Hotel ETF
The AdvisorShares Hotel ETF (BEDZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is an actively managed ETF that provides exposure to US hotels, resorts, cruise lines and their sub-industries. BEDZ was launched on Apr 20, 2021 and is managed by AdvisorShares.
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