Post-Election Enthusiasm for Biotech ETFs Wanes
December 02, 2016 at 08:55 AM EST
The iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB), the largest biotech ETF by assets, and rival biotechnology exchange traded funds were boosted in November by Republican Donald Trump’s surprising victory in the 2016 U.S. presidential election. However, enthusiasm for biotech ETFs has...