First Trust Indxx Medical Devices ETF (BATS:MDEV) Stock Price Down 0.3%

First Trust Indxx Medical Devices ETF (BATS:MDEV) dropped 0.3% during trading on Tuesday . The company traded as low as $20.18 and last traded at $20.18. Approximately 1,508 shares changed hands during mid-day trading, The stock had previously closed at $20.24.

First Trust Indxx Medical Devices ETF Price Performance

The business has a 50 day moving average price of $20.94 and a 200 day moving average price of $19.52. The stock has a market capitalization of $2.96 million, a PE ratio of 38.04 and a beta of 1.04.

Hedge Funds Weigh In On First Trust Indxx Medical Devices ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its holdings in shares of First Trust Indxx Medical Devices ETF by 1.6% in the 1st quarter. Jane Street Group LLC now owns 39,395 shares of the company’s stock worth $802,000 after buying an additional 603 shares during the period. SRS Capital Advisors Inc. lifted its holdings in shares of First Trust Indxx Medical Devices ETF by 262.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 11,842 shares of the company’s stock worth $239,000 after buying an additional 8,574 shares during the period. Finally, Harbour Investments Inc. lifted its holdings in shares of First Trust Indxx Medical Devices ETF by 2,704.7% in the 1st quarter. Harbour Investments Inc. now owns 4,768 shares of the company’s stock worth $97,000 after buying an additional 4,598 shares during the period.

About First Trust Indxx Medical Devices ETF

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