Rochester, NY 9/1/2009 2:19:15 PM
First Trust AMEX Biotechnology Index FBT, Raise13 Cents at the Market End Report
First Trust AMEX Biotechnology Index FBT
First Trust Amex Biotech is one of them. Similarly, biotech ETFs and pharma ETFs collectively account for some of the best 1-year performers on the 1-year scoreboard.
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Last Trade: 28.09
Day's Range: 27.45 - 28.09
52wk Range: 15.44 - 29.20
Change: Up 0.13 (0.48%)
Volume: 36,002
Avg Vol (3m): 61,163.1
ABOUT First Trust AMEX Biotechnology Index
First Trust NYSE Arca Biotechnology Index Fund (the Fund), formerly First Trust Amex Biotechnology Index Fund, is an exchange-traded index fund. The investment objective of the fund is to replicate as closely as possible, before fees and expenses, the price and yield of the NYSE Arca Biotechnology Index. The Fund is an equal dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. Such processes include, but are not limited to, recombinant deoxyribonucleic acid technology, molecular biology, genetic engineering, monoclonal antibody-based technology, lipid/liposome technology, and genomics. The index is rebalanced quarterly based on closing prices on the third Friday in January, April, July and October. The Fund’s investment advisor is First Trust Advisors L.P.
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