Encouraging Signs for a Big Biotech ETF

Markets ETF Trends

The iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB), the largest biotechnology exchange traded fund by assets, is up nearly 13% year-to-date, indicating biotechnology is playing a pivotal role in the broader healthcare sector’s resurgence. Biotechnology historically trades at multiples that are elevated relative to broader benchmarks, but after last year’s of struggles for biotechnology names, some…Click to read more at ETFtrends.com.

Continue Reading Below