ETFs Dabble In Dermatology
April 20th at 1:03pm by Tom Lydon
XShares Advisors launched another new and innovative exchange traded fund (ETF). HealthShares Dermatology and Wound Care (HRW) began trading on the New York Stock Exchange this week, bringing the total number of HealthShares to 17. HealthShares ETFs are organized into "Verticles" and represent specific areas of healthcare, life science and biotechnology, accordiong to the press release. This new ETF apparently focuses on companies that deal with dermatology and the skin. A recent online interview with HealthShares founder, Jeff Feldman, highlights the company history, products and rationale for focusing on these certain areas of healthcare. Stay tuned for more XShare products to come.
