The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profit from the use and/or manufacture of drones or technology used in the development and manufacture of drones ("drone-related businesses"). It will concentrate at least 25% of its investments in the securities of issuers in the Aerospace & Defense Industry. The fund is non-diversified.
Frequently asked questions
What is the AdvisorShares Trust - AdvisorShares Drone Technology ETF (UAV) expense ratio?
The AdvisorShares Trust - AdvisorShares Drone Technology ETF funds expense ratio is 0.99%.
What is AdvisorShares Trust - AdvisorShares Drone Technology ETF (UAV) current stock price?
As of the latest data, AdvisorShares Trust - AdvisorShares Drone Technology ETF stock price is $22.81, with a previous close of $23.02. AdvisorShares Trust - AdvisorShares Drone Technology ETF lost -$0.21 in the last trading session, representing a -0.92% loss.