|Bid||12.01 x 1200|
|Ask||16.90 x 900|
|Day's Range||11.95 - 12.08|
|52 Week Range||11.82 - 45.92|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-46.96%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||3.67%|
AdvisorShares CEO Noah Hamman warns there are still headwinds for the economy and markets to recover. He speaks with Alexis Christoforous and Brian Sozzi on The First Trade.
Wall Street is littered with unicorns this past year that have been less than magical for investors. These startups that were valued at over a billion dollars in the private market, couldn’t quite live up to lofty expectations when they finally hit the public market. AdvisorShares’ CEO Noah Hamman tells Yahoo Finance that he’s focused on building a portfolio of potential unicorns outside of the high flying names, such as the recent initial public offering of Casper (CSPR). “We are looking for small and micro-cap stocks, which can provide a similar risk return profit as private equity,” says Hamman. “We think it’s a significant area that’s overlooked by investors.”
Wall Street crashes to start the week and put these defensive ETFs in focus.