IBB ETF Rallies to All-Time High; Doubles S&P 500 Return

IBB ETF Rallies to All-Time High; Doubles S&P 500 Return Updated: 4/12/2013

The IBB (iShares NASDAQ Biotech, Expense Ratio 0.48%), the largest ETF in the biotech category, has surged this week to trade at a new all-time highs this morning. According to ETF Trends, IBB’s performance this year alone has more than doubled that of the S&P 500. The performance of the top holdings in IBB (REGN, GILD, AMGN and CELG) are leading the way for this ETF as the sector continues to do well. Read more from ETF Trends.

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