According to the ETF Finder at ETF Channel, AVAV makes up 1.09% of the SPDR S&PAerospace & Defense ETF (XAR) which is higher by about 0.4% on the day Wednesday.
In afternoon trading Wednesday, AVAV was up about 8.8% on the day.
Aerospace/defense stocks are soaring, but drone manufacturer AeroVironment has been overlooked.
Drones are expected to add approximately $80 billion to the economy over the next 10 years, but the rules are still being written. How can you benefit?