Why These Two Biotech ETFs Are Soaring Monday
June 09, 2014 at 12:09 PM EDT
The PowerShares Dynamic Biotechnology & Genome Portfolio (NYSEArca: PBE) and the SPDR S&P Biotech ETF (NYSEArca: XBI) are up 8.4% and 6.8%, respectively, Monday, making the duo the day’s two best non-leveraged ETFs. PBE and XBI are soaring because the two ETFs feature the largest weights...