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MDEV Price & Analysis

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MDEV ETF Chart & Stats

ETF Overview

First Trust Indxx Medical Devices ETF

The First Trust Indxx Medical Devices ETF (Ticker: MDEV) offers investors a unique opportunity to gain targeted exposure to the rapidly evolving health care sector, with a specialized focus on the medical devices niche. This ETF is meticulously designed to track the performance of companies that are at the forefront of developing and manufacturing medical devices, encompassing a diverse range of innovative technologies and solutions that enhance patient care and streamline medical procedures. Positioned within the Health Care Equipment sector, MDEV provides investors with access to a curated portfolio of firms that are leading the charge in medical innovation. From life-saving diagnostic tools to advanced surgical devices, these companies are instrumental in reshaping the landscape of health care delivery and efficiency. The fund is ideal for those looking to capitalize on the growth potential of the medical devices industry, which is driven by factors such as aging populations, rising health care expenditures, and continuous technological advancements. By investing in MDEV, you are not only aligning with a sector that is essential to human health and well-being but also tapping into a market with significant growth prospects. Whether you're a seasoned investor seeking diversification or someone keen on supporting the future of health care, the First Trust Indxx Medical Devices ETF offers a compelling investment vehicle, blending the stability of established health care giants with the dynamism of pioneering innovators in medical technology.
Asset Class
Equity
Region
Global
Issuer
First Trust
Index Tracked
Indxx Global Medical Equipment Index
Ticker Symbol
MDEV

First Trust Indxx Medical Devices ETF (MDEV) Fund Flow Chart

First Trust Indxx Medical Devices ETF (MDEV) 1 year Net Flows: $0

MDEV ETF FAQ

What was MDEV’s price range in the past 12 months?
MDEV lowest ETF price was $19.54 and its highest was $22.38 in the past 12 months.
    What is the AUM of MDEV?
    As of Jan 29, 2025 The AUM of MDEV is 3.36M.
      Is MDEV overvalued?
      According to Wall Street analysts MDEV’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does MDEV pay dividends?
        MDEV does not currently pay dividends.
        How many shares outstanding does MDEV have?
        MDEV has 150,002 shares outstanding.
          Which hedge fund is a major shareholder of MDEV?
          Currently, no hedge funds are holding shares in MDEV

          MDEV ETF Smart Score

          For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

          Top 10 Holdings

          Name
          Weight %
          Penumbra Inc.
          2.68%
          Globus Medical
          2.65%
          Masimo Corp.
          2.55%
          Dexcom
          2.52%
          Insulet
          2.40%
          Intuitive Surgical
          2.39%
          Boston Scientific
          2.38%
          West Pharmaceutical Services, Inc.
          2.32%
          Sartorius Stedim Biotech
          2.30%
          Waters Corp
          2.28%
          Total24.47%
          See All Holdings
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