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PBTQ Gains, Lifted by Celgene, Genzyme
Friday, October 1, 8:43 AM ET, by Market News Video Staff

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PBTQ Gains, Lifted by Celgene, Genzyme

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.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AMGN   Amgen   Biotech   CELG   Celgene   GENZ   GILD   Genzyme   Gilead   Global   NASDAQ   PBTQ   Portfolio   PowerShares   Sciences   about   biotechnology   companies   designed   globally   higher   holdings   include   index   industry   involved   largest   last   liquid   market   measure   million   months   most   nearly   only   over   overall   performance   period   securities   this   three   tiny   traded   underlying   value
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