Biotech ETFs Lead Tradable Funds

The biotech-focused exchange-traded
funds led their peers Monday after a favorable write-up in Barron’s on two
big-cap biotechs, Biogen and Genentech, boosted the industry group.

The Nasdaq Biotechnology iShares
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gained 3.3%, the day’s biggest gain among the exchange-traded
funds
. The Biotech HOLDR
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added 2.7%.

Energy had a decent day with the Oil
Services HOLDR
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picking up 2.2%, the Dow Jones Energy iShares
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1.7%, the Energy SPDR
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1.4%.

On the downsidde, the Internet
Infrastructure HOLDR
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lost 1.6%, the Semiconductor HOLDR
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1.3%, the Broadband HOLDR
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0.9%.