First Trust Indxx Medical Devices ETF (BATS:MDEV) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

First Trust Indxx Medical Devices ETF (BATS:MDEV)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $21.01 and traded as high as $21.40. First Trust Indxx Medical Devices ETF shares last traded at $21.35, with a volume of 1,345 shares.

First Trust Indxx Medical Devices ETF Stock Down 0.0 %

The company has a market capitalization of $3.22 million, a price-to-earnings ratio of 37.67 and a beta of 0.92. The business’s 50-day moving average is $21.56 and its 200-day moving average is $21.02.

Institutional Trading of First Trust Indxx Medical Devices ETF

An institutional investor recently raised its position in First Trust Indxx Medical Devices ETF stock. Jane Street Group LLC grew its stake in First Trust Indxx Medical Devices ETF (BATS:MDEV) by 50.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 22,186 shares of the company’s stock after acquiring an additional 7,418 shares during the period. Jane Street Group LLC owned about 14.79% of First Trust Indxx Medical Devices ETF worth $494,000 as of its most recent filing with the SEC.

First Trust Indxx Medical Devices ETF Company Profile

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.