BioShares Biotechnology ETFs Complete Semi-Annual Rebalance and Recomposition
BIOSHARES BIOTECH CLINIC (BBC)
NASDAQ:AMEX Investor Relations:
virtus.com/products/bioshares-biotechnology-clinical-trials-etf
Company Research
Source: GlobeNewswire
NEW YORK, June 16, 2017 (GLOBE NEWSWIRE) -- LifeSci Index Partners, LLC, an affiliate company of LifeSci Advisors, and a New York City-based investment advisor and index provider, today announced the completion of its semi-annual rebalancing and recomposition for its BioShares Biotechnology exchange-traded funds (ETFs), which trade under the symbols (Nasdaq:BBC) (Nasdaq:BBP). These passively-managed funds are designed to track their respective, rules-based indexes. The BioShares Biotechnology Funds are the only ETFs to separate Clinical Trials stage companies and Products stage companies into two distinct funds. The BioShares Biotechnology Clinical Trial Fund (BBC) and BioShares Biotechnology Product Fund (BBP) offer investors exposure to these two distinct segments of the biotechnology sector while diversifying some of the risks associated with any single company. In addition, BBC and BBP are the only ETFs to offer pure biotechnology exposure without allocations to specialty phar
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