Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Nasdaq Biotechnology ETF (IBB) where we have detected an approximate $49.4 million dollar outflow -- that's a 1.3% decrease week over week (from 18,600,000 to 18,350,000). Among the largest underlying components of IBB, in trading today Celgene Corp. (CELG) is up about 1.3%, Biogen Idec Inc (BIIB) is up about 2.8%, and Regeneron Pharmaceuticals, Inc. (REGN) is higher by about 0.9%. For a complete list of holdings, visit the IBB Holdings page »
IShares Nasdaq Biotechnology ETF Experiences Big Outflow
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