Look to SBIO for Biotech Exposure
December 12, 2022 at 14:12 PM EST
ETFs offering biotech exposure are rallying on Monday, lifted by a significant M&A announcement in the industry. The ALPS Medical Breakthroughs ETF (SBIO) increased by 1.8% in mid-day trading on Monday. During the same period, the SPDR S&P Biotech ETF (XBI) gained 2.4%, and the iShares Biotechnology ETF (IBB) is up 0.2%, according to YCharts. The healthcare sector is up today [...] The post Look to SBIO for Biotech Exposure appeared first on ETF Trends .
