For investors seeking momentum, ALPS Medical Breakthroughs ETF SBIO is probably on radar. The fund just hit a 52-week high, and is up about 107% from its 52-week low price of $25.10/SHARE.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:SBIO in FocusThis fund targets the companies operating in the biotechnology sector. It invests in stocks of mid-cap and small-cap companies, which have one or more drugs in phase II or phase III FDA clinical trials. The fund charges investors 50 basis points a year in fees (see: all the Healthcare ETFs here).Why the Move?The biotech corner of the broad healthcare sector has been an area to watch lately buoyed by encouraging development in coronavirus vaccines from Moderna MRNA, Pfizer PFE and AstraZeneca AZN and hopes of their availability soon. Britain began Pfizer’s vaccinations last week week while Canada plans to roll out vaccination this week after approval. The FDA also authorized Pfizer's vaccine for emergency use in people aged 16 and older.More Gains Ahead?Currently, SBIO has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook. Therefore, it is hard to get a handle on its future returns one way or the other. However, many of the segments that make up this ETF have a strong Zacks Industry Rank. So, there is definitely some promise for those who want to ride this surging ETF a little further.Want key ETF info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AstraZeneca PLC (AZN): Free Stock Analysis Report Pfizer Inc. (PFE): Free Stock Analysis Report Moderna, Inc. (MRNA): Free Stock Analysis Report ALPS Medical Breakthroughs ETF (SBIO): ETF Research Reports To read this article on Zacks.com click here.