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HealthShares(TM) Announces Changes to the HealthShares(TM) Diagnostics and Composite Indexes
Date:10/22/2007
NEW YORK, Oct. 22 /PRNewswire/ -- HealthShares(TM) Inc., an investment company with a series of 20 underlying fund portfolios, today announced it has been informed by Standard & Poor's, the calculating agent for the HealthShares(TM) Indexes, that effective at the opening of trading on Thursday October 25, 2007, Amag Pharmaceuticals (Nasdaq: AMAG) will replace Cytyc Corp. (Nasdaq: CYTC) in the HealthShares(TM) Diagnostics Index, and Hologic Inc. (Nasdaq: HOLX) will replace Cytyc Corp in the HealthShares(TM) Composite Index. Cytyc Corp. is being acquired by Hologic Inc. Companies included in the HealthShares(TM) Diagnostics Index are engaged in the identification of the existence and extent of a disease, the visual localization of a disease by way of imaging, the selection of therapeutic agents appropriate for the disease wherever possible and the monitoring of disease progression/therapeutic efficacy.
About HealthShares(TM)
XShares Advisors LLC, a financial services company based in New York,
is the creator of the HealthShares(TM) family of Exchange Traded Funds
(ETFs). HealthShares(TM) ETFs are organized into therapeutic 'Verticals'
and represent specific areas of the healthcare, life science and
biotechnology industries. E
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| SOURCE HealthShares(TM) Inc. Copyright©2007 PR Newswire. All rights reserved |
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