First Trust Indxx Medical Devices ETF (BATS:MDEV) Stock Price Down 0.5% – Here’s Why

First Trust Indxx Medical Devices ETF (BATS:MDEV) shares were down 0.5% on Thursday . The stock traded as low as $21.91 and last traded at $21.91. Approximately 18 shares changed hands during mid-day trading, The stock had previously closed at $22.03.

First Trust Indxx Medical Devices ETF Stock Down 0.5 %

The stock has a market cap of $3.29 million, a price-to-earnings ratio of 37.67 and a beta of 0.92. The stock has a fifty day moving average of $21.41 and a two-hundred day moving average of $20.75.

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.