FBT - First Trust NYSE Arca Biotechnology Index Fund
Assets | $1.88B |
NAV | $161.07 |
Expense Ratio | 0.55% |
PE Ratio | 25.85 |
Beta (5Y) | 1.02 |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Ex-Dividend Date | Sep 23, 2015 |
1-Year Return | - |
Trading Day | April 20 |
Last Price | $162.08 |
Previous Close | $161.18 |
Change ($) | 0.90 |
Change (%) | 0.56% |
Day's Open | 160.41 |
Day's Range | 160.09 - 162.34 |
Day's Volume | 72,213 |
52-Week Range | 146.10 - 186.51 |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of small, mid and large capitalization companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services.
Asset Class Equity | Sector Biotech |
Region Global | Inception Date Jun 19, 2006 |
Exchange NYSEARCA | Ticker Symbol FBT |
Index Tracked NYSE Arca Biotechnology Index |
AstraZeneca has agreed to buy rare-disease specialist Alexion Pharmaceuticals for $39 billion. The deal would represent the biggest transaction in pharmaceuticals since 2019.
The biotechnology space is always fertile territory for mergers and acquisitions, and that theme was on display over the weekend when AstraZeneca (NYSE: AZN) announced a $39-billion takeover of Alexion ...
As coronavirus cases start to tick upwards once more, the race to create a vaccine will only intensify, boding well for the biotechnology sector. ETF investors may want to keep an eye on biotech funds, ...
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Healthcare is one of the most politically sensitive sectors and that sensitivity is on full display in recent weeks with biotechnology ETFs, including the First Trust NYSE Arca Biotechnology Index Fund ...
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Let's take a look at some ETFs with exposure to major players in the U.S. biotech industry, post their Q4 earnings releases.
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While the rest of the biotechnology sector remained depressed along with the broader markets, related exchange traded funds found strength from an unexpected surge in ACADIA Pharmaceuticals (NasdaqGS: A...
Biotech stocks fall after Trump promises executive order drug prices
CNBC's Meg Tirrell reports on the dip in biotech stocks after President Donald Trump promised that an executive order on drug prices is coming.
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