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.
The biotech sector's fundamentals are shifting rapidly-and the smartest money on Wall Street is already quietly rotating into the sector.
Looking for broad exposure to the Healthcare - Biotech segment of the equity market? You should consider the iShares Biotechnology ETF (IBB), a passively managed exchange traded fund launched on February 5, 2001.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 3,015 | $472,098.97 | $570,377.7 | $98,278.73 | 20.82% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 609 | $79,352.7 | $115,210.62 | $35,857.92 | 45.19% |
| CE Curtis Ellergodt Rothschild Investment LLC | 4,400 | $626,950.06 | $832,392 | $205,441.94 | 32.77% |
| TM Tom McDonald Richards, MERRILL & PETERSON Inc. | 75 | $9,593 | $14,242.5 | $4,649.5 | 48.47% |
Means Investment Company Means Investment Company Inc. | 5,588 | $692,032.66 | $1.06M | $365,105.18 | 52.76% |
| 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: