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First Trust NYSE Arca Biotechnology Index Fund
As of May 30, 2026 at 09:15 UTC
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About First Trust NYSE Arca Biotechnology Index Fund
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Latest News
5 articlesThe FDA has reversed its previous refusal-to-file decision and accepted Moderna's biologics license application for mRNA-1010, an mRNA-based flu vaccine for adults 50 and older, with an August 5 PDUFA goal date. The stock surged 5.77% on the news. Moderna also beat Q4 earnings expectations with a smaller loss and higher-than-expected revenue of $678 million.
The First Trust NYSE Arca Biotechnology ETF (FBT) is a passively managed exchange-traded fund that provides broad exposure to the healthcare-biotech sector. The ETF tracks the NYSE Arca Biotechnology Index and has a relatively high expense ratio of 0.56%. Its top holdings include Alnylam Pharmaceuticals, Corcept Therapeutics, and United Therapeutics.
