Rebalancing Brings Changes, new Addition for big Biotech ETF
April 17, 2015 at 12:55 PM EDT
At today’s close, the NYSE Arca Biotechnology Index will rebalance, meaning some changes and at least one new addition are coming for the First Trust NYSE Arca Biotechnology Index Fund (NYSEArca: FBT). The $3.7 billion FBT, the second-largest biotech exchange traded fund by assets, tracks the NYSE...