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Gilead Sciences 23.68% of Biotech HOLDRS ETF

By Market News Video Staff, Thursday, October 7, 8:24 AM ET

Gilead Sciences (NASDAQ:GILD) makes up 23.68% of the Biotech HOLDRS (AMEX:BBH) ETF. The Biotech HOLDRS has a market capitalization of over $777.3 million, meaning that over $184 million of that market cap is tied to Gilead Sciences.

According to ETFChannel.com, there are 63 ETFs that hold Gilead Sciences, and aggregately, those ETFs make up 4.29% of Gilead's total market cap. Other ETFs with large holdings include PowerShares QQQ (QQQQ) with about $359.5 million of Gilead, the SPDR S&P 500 ETF (AMEX:SPY) with $230.35 million and the iShares Nassdaq Biotechnology Index Fund (NASDAQ:IBB) at $79.2 million.

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This Article's Word Cloud:   AMEX   According   Biotech   Biotechnology   ETFChannel   ETFs   Fund   GILD   Gilead   HOLDRS   Index   NASDAQ   Nassdaq   Other   PowerShares   QQQQ   SPDR   Sciences   about   aggregately   capitalization   hold   holdings   iShares   include   large   make   makes   market   meaning   million   over   that   there   those   tied   total   with
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