Moderna has been rallying on the latest positive booster shot-related update.
Biotech ETFs was the biggest gainer last week.
Wall Street was downbeat last week with all indexes in the red. Still, Healthcare sector emerged as a key winner last week.
Though the broad markets ended the month in red, a few sector ETFs performed remarkably well.
Moderna has been rallying amid concerns surrounding the omicron variant, which has led to possibilities of a rise in demand for COVID-19 vaccines and boosters.
The remainder of 2021 is expected to continue reeling under the spurt in coronavirus cases. Thus, a COVID-themed ETF could be a wise choice.