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.
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