HealthShares™ Patient Care Services ETF (HHB) is one in a series of HealthShares™ ETFs that are organized Vertically by therapeutic categories in pharmaceuticals, healthcare services, life sciences and biotechnology. HHB seeks investment results that correspond to the performance, before the Fund’s fees and expenses, of HealthShares™ Patient Care Services Index, an equity index of publicly traded common stocks and ADRs. The Patient Care Services Index invests in healthcare companies that have been identified as patient care services companies. Companies included in the Patient Care Services Index are engaged in providing direct treatment of patients in hospitals, outpatient clinics, nursing homes, assisted living centers, treatment facilities or home health providers. The companies in the universe are selected using a proprietary methodology developed by XShares Group LLC designed to identify companies in a specific healthcare vertical or sub-sector.
HHB employs a low-cost passive management investment approach designed to track the performance of the HealthShares™ Patient Care Services Index. HHB will generally invest at least 90% of its assets in common stocks of companies in the underlying Index.
HHB intends to pay out any dividends from its net investment income annually, and plans to distribute any net capital gains annually.
XShares Advisors LLC is the investment advisor for HHB. Bank of New York acts as custodian and administrator.
| Market data | |
|---|---|
| Market Price (07/02/2007)* | $27.23 |
| Change | $0.09 |
| Volume | 700 |
| NAV History Premium/Discount Chart | |
| Details | |
|---|---|
| NAV as of 07/02/2007 | $27.3184 |
| NAV Change | $0.2076 |
| Shares Outstanding | 300,200 |
| Total Cash | $10,010.25 |
| Estimated Cash | $10,010.61 |
| Bid as of 07/02/2007 | $27.21 |
| Mid point as of 07/02/2007 | $27.27 |
| Ask as of 07/02/2007 | $27.34 |
| Market Price as of 07/02/2007* | $27.23 |
| Change | $0.09 |
| Premium/Discount*** | -0.1589% |
| Yield | N/A |
| Expense ratio as of 07/02/2007 | 0.75% |
| Inception date | 01/23/2007 |
| Ticker symbol | HHB |
| IOPV** ticker symbol | HHB.IV |
* Last Sale.
** Indicative Optimized Portfolio Value.
*** Bid/Ask Midpoint versus NAV.