First Trust Indxx Medical Devices ETF (BATS:MDEV) up 0.5%

Shares of the First Trust Indxx Medical Devices ETF (BATS:MDEV – download free report) rose 0.5% on Monday. The company was trading at $20.67 and last traded at $20.67. There were 2 shares traded during trading. Shares previously closed at $20.58.

First Trust Indxx Medical Devices ETF trades up 0.5%

The market value of the company’s shares is $3.10 million, the price-to-earnings ratio is 37.67 and the beta is 0.92. The company’s fifty-day moving average is $20.69 and its two-hundred-day moving average is $20.17.

Institutional investors comment on the First Trust Indxx Medical Devices ETF

The institutional investor recently increased its position in shares of the First Trust Indxx Medical Devices ETF. According to the latest 13F filing with the Securities and Exchange Commission (SEC), SRS Capital Advisors Inc. increased its position in the First Trust Indxx Medical Devices ETF (BATS:MDEV – Free Report) by 90.2% in the third quarter . The institutional investor owned 3,268 shares of the company’s stock after acquiring an additional 1,550 shares during the quarter. SRS Capital Advisors Inc. held approximately 3.27% of the $59,000 First Trust Indxx Medical Devices ETF as of its most recent SEC filing.

About the First Trust Indxx Medical Devices ETF

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First Trust Indxx Global Medical Devices ETF (MDEV) is an exchange-traded fund based on the Indxx Global Medical Equipment Index. The fund tracks an equally weighted index that provides global exposure to the medical device industry. MDEV was launched on June 22, 2021 and is managed by First Trust.

First Trust Indxx Medical Devices ETF trades up 0.5%

Institutional investors comment on the First Trust Indxx Medical Devices ETF

About the First Trust Indxx Medical Devices ETF

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