Dallas, TX 11/3/2009 1:54:04 AM
News / Business

Top Stock News - Biotech ETFs in Focus (NYSE: FBT, XLV, VHT)

Biotech Stocks

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Today, most of the Biotech ETFs are trading in green as US Healthcare Index is up over 0.80%.

First Trust NYSE Arca Biotechnology (ETF) (NYSE:FBT) has moved up 4.28% to $26. So far this year FBT is up over 31%. 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.

 

Health Care SPDR (ETF) (NYSE:XLV) climbed up 1% to $28.36. Health Care Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Health Care Select Sector of the S&P 500 Index (the Index).

 

Vanguard Health Care (ETF) (NYSE:VHT) jumped 1.30% to $50.46. Vanguard Health Care ETF (the Fund) is an exchange-traded share class of Vanguard Health Care Index Fund. The Fund tracks the performance of the Morgan Stanley Capital International US Investable Market Health Care Index, an index of stocks of large, medium and small United States companies in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two industry groups.

 

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