AdvisorShares Hotel ETF (NYSEARCA:BEDZ – Get Free Report)’s share price were down 1.2% during trading on Friday . The company traded as low as $27.91 and last traded at $27.93. Approximately 228 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 197 shares. The stock had previously closed […]
Shares of AdvisorShares Hotel ETF (NYSEARCA:BEDZ – Get Rating) rose 1.4% during mid-day trading on Wednesday . The stock traded as high as $24.43 and last traded at $24.42. Approximately 142 shares were traded during trading, a decline of 81% from the average daily volume of 764 shares. The stock had previously closed at $24.08. […]
AdvisorShares Hotel ETF (NYSEARCA:BEDZ – Get Rating) fell 1.8% during trading on Wednesday . The company traded as low as $23.82 and last traded at $23.82. 88 shares were traded during trading, a decline of 90% from the average session volume of 848 shares. The stock had previously closed at $24.26. AdvisorShares Hotel ETF Trading […]
(MENAFN - Baystreet.ca) There is a new exchange-traded fund (ETF) out there for investors who are bullish on the travel sector. The AdvisorShares Hotel ETF (NYSEArca:BEDZ) began trading on April 21 and it could be a great buy if travel picks up later this year.
The ETF is focused on a variety of travel-related properties, including gaming and leisure, and it even includes Airbnb (NASDAQ:ABNB). With vaccines being rolled out and consumers eager to get back to travelling and vacationing, BEDZ can be a great way to tap into that recovery. But even if it doesn t happen right away, it could be a good buy-and-hold investment. On the fund s page, it cites a source that claims the hotel industry will make a full recovery by 2023.The vast majority of the fund s exposure is to the U.S. market and the bulk of its stock fall into either the large cap (37%) or mega cap (40%) categories. The ETF s top holding is Vici Properties (NYSE:VICI), which has some of the hottest gaming and entertainme