Welcome to our dedicated page for AdvisorShares HVAC and Industrials ETF news (Ticker: HVAC), a resource for investors and traders seeking the latest updates and insights on AdvisorShares HVAC and Industrials ETF stock.
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AdvisorShares has launched the first ETF focused exclusively on the HVAC industry, trading under the ticker HVAC. The actively managed ETF targets U.S.-listed equities and American depositary receipts of companies in the heating, ventilation, and air conditioning sector, including system manufacturers, service providers, and installers.
The fund aims for long-term capital appreciation in a high-growth sector, offering targeted exposure to HVAC companies rather than diluted exposure through broader market indices. AdvisorShares CEO Noah Hamman highlighted the industry's rapid growth and resilience, citing construction growth, energy efficiency trends, and climate resilience as key drivers.
The launch is accompanied by a detailed whitepaper titled 'The Heat is On: Innovation, Stability, and Growth in the HVAC Industry.' HVAC joins other successful thematic ETFs from AdvisorShares, including the Hotel ETF (BEDZ) and Restaurant ETF (EATZ), both carrying five-star Morningstar ratings for their overall risk-adjusted performance.