Thursday, February 09, 2006

Baby SPDRs

Three new SPDRs from State Street Global Advisors started trading this week. These new Standard and Poors Depository receipts are designed to track the performance of the home construction, biotech and semiconductor industries.

These new issues are the SPDR Biotech ETF (XBI), the SPDR Homebuilders ETF (XHB) and the SPDR Semiconductor ETF (XSD).

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