ProFunds Biotechnology UltraSector Fund Service Class (BIPSX)
ProFunds Biotechnology UltraSector Fund Service Class operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $47.27, down 1.19% on the session, giving a market capitalisation of $184.2M. Its beta of 1.60 implies it has historically moved more than the broad market.
This fund's investment strategy involves allocating capital to various financial instruments, carefully selected by its adviser, with the aim of achieving daily returns that align with its stated objectives. It seeks to track a specific index that measures the performance of select companies within the U.S. biotechnology sector of the equity market. Notably, the fund employs a concentrated investment approach, meaning it is not diversified.
ProFunds Biotechnology UltraSector Fund Service Class is most often compared with the following Financial Services names: