Investors piling into health-care ETFs points to defensive bets, ‘bottom-fishing’ in biotech

Investors piling into health-care ETFs points to defensive bets, ‘bottom-fishing’ in biotech

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Hello! In this week’s ETF Wrap, health-care ETFs take the spotlight as investors get defensive amid recession fears. But inflows also show that some investors may be “bottom-fishing” for beaten down stocks in biotech as the bear market presses on.

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