PBTQ Gains, Lifted by Celgene, Genzyme Friday, October 1, 8:43 AM ET, by Market News Video Staff The PowerShares Global Biotech Portfolio (PBTQ) has a market value of only $3.7 million, but ...
Gilead Sciences 23.68% of Biotech HOLDRS ETF Thursday, October 7, 8:24 AM ET, by Market News Video Staff Gilead Sciences (GILD) makes up 23.68% of the Biotech HOLDRS (BBH) ETF. The Biotech HOLDRS ...
PowerShares To Discontinue Several ETFs Monday, October 11, 11:34 AM ET, by PowerShares announced that it intends to shut down several ETFs as of December 14, 2010. ...
Genzyme Insists $69 Per Share Too Low Friday, October 22, 3:32 PM ET, by Market News Video Staff The Board of Directors for Genzyme Corp. (GENZ) continues to rebuff the hostile takeover efforts ...
By Market News Video Staff, Friday, October 1, 8:43 AM ET
The PowerShares Global Biotech Portfolio (PBTQ) has a market value of only $3.7 million, but this tiny ETF is up nearly 17% over the last three months.
The underlying index is designed to measure the overall performance of globally traded securities of the largest and most liquid companies involved in the biotechnology industry.
Top holdings include Celgene (NASDAQ:CELG), up 13.4% over the last three months, Gilead Sciences (NASDAQ:GILD), higher by about 4% over the period, CSL, Amgen (NASDAQ:AMGN), higher by 4.75%, and Genzyme (NASDAQ:GENZ) up 39.5% over the three months.
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