Designed to provide broad exposure to the Health Care ETFs category of the market, the iShares Biotechnology ETF (IBB) is a smart beta exchange traded fund launched on 02/05/2001.
Positive readouts in cancer and cardiac drug trials could keep the rally going. Sizing up the stakes for Merck, Moderna, Summit Therapeutics, and more.
A smart beta exchange traded fund, the iShares Biotechnology ETF (IBB) debuted on 02/05/2001, and offers broad exposure to the Health Care ETFs category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 1,735 | $292,867.05 | $322,553.85 | $29,686.8 | 10.14% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 609 | $79,352.7 | $113,523.69 | $34,170.99 | 43.06% |
Stonebridge Capital Management Stonebridge Capital Management Inc. | 4,455 | $847,296 | $899,598.15 | $52,302.15 | 6.17% |
Curtis Ellergodt Rothschild Investment LLC | 4,400 | $626,950.06 | $849,068 | $222,117.94 | 35.43% |
Tom McDonald Richards, MERRILL & PETERSON Inc. | 75 | $9,593 | $13,980.75 | $4,387.75 | 45.74% |
| NASDAQ (NMS) Exchange | US Country |
The described company operates as an investment fund focused on tracking the performance of a specific underlying index. By investing at least 80% of its assets in the securities that comprise the index, the fund aims to mimic the index's returns and behavior closely. This strategy indicates a focus on providing investors with exposure to the components of a particular market or sector through the index it follows. However, it is noteworthy that the fund is characterized as non-diverse, which means it may concentrate its investments in a particular sector, company, or geographical area, potentially increasing the risk of volatility and loss due to lack of diversification.
The fund offers a targeted investment product that primarily focuses on securities from its underlying index, alongside additional financial instruments to potentially enhance returns and manage risks: