SBIO 40.00 ALPS Medical Breakthroughs ETF
| Range: | 23.21-40.0899 | Vol Avg: | 5641 | Last Div: | 0.07 | Changes: | 0.44 |
| Beta: | 0.88 | Cap: | 0.12B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Wed Dec 31 2014 | Empoloyees: | |||
| CUSIP: | 00162Q593 | CIK: | 0001414040 | ISIN: | US00162Q5936 | Country: | US |
The fund employs a "passive management" - or indexing - investment approach designed to track the performance of the underlying index. It will normally invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index is comprised of small and mid-cap stocks of biotechnology companies that have one or more drugs in either Phase II or Phase III of the U.S. Food and Drug Administration clinical trials.
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