XShares Advisors launched a new exchange traded fund (ETF) on their HealthShares line. HealthShares European Medical Products and Devices (HHT) launched June 1st on the New York Stock Exchange. HHT invests in companies headquartered in Europe and are engaged in the research, development, manufacturing, distribution and/or commercialization of medical devices and/or products for the treatment of human diseases or disorders.

The HealthShares family is now at 18. The press release states HealthShares are organized into therapeutic "verticles" and represent specific areas of health care, life science and biotechnology industries and geographic areas.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.