First Trust Indxx Medical Devices ETF (MDEV) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $19.96 to $19.96
• 50-Day Range: $17.88 to $20.54
• 52-Week Range: $17.79 to $22.44
• Volume: 12 shs
• Average Volume: 750 shs
• Market Capitalization: $1.99 million
• Assets Under Management: $2.00 million
• Dividend Yield: N/A
• Net Expense Ratio: 0.70%
• Aggregate Rating: Moderate Buy

MDEV ETF - Frequently Asked Questions

How have MDEV shares performed this year?

First Trust Indxx Medical Devices ETF's stock was trading at $20.5606 at the beginning of the year. Since then, MDEV stock has decreased by 3.3% and is now trading at $19.8840.
View the best growth stocks for 2025 here.

Who are First Trust Indxx Medical Devices ETF's major shareholders?

First Trust Indxx Medical Devices ETF's top institutional investors include Virtu Financial LLC (22.78%) and Jane Street Group LLC (15.06%).

How do I buy shares of First Trust Indxx Medical Devices ETF?

Shares of MDEV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Indxx Medical Devices ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: BATS
• Current Symbol: BATS:MDEV
• Inception Date: 6/22/2021
• Fund Manager: Daniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Indxx Medical Devices Index
• Category: Sector
• Focus: Health Care
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 51

Fund Statistics

• Assets Under Management: $2.02 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.04%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Jane Street

Miscellaneous

• Outstanding Shares: 100,002
• Beta: 1.09
• Creation Unit: 50,000