SRS Capital Advisors Inc. Has $619,000 Position in First Trust Indxx Medical Devices ETF (BATS:MDEV)

SRS Capital Advisors Inc. increased its position in First Trust Indxx Medical Devices ETF (BATS:MDEV) by 7.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 30,103 shares of the company’s stock after acquiring an additional 2,146 shares during the quarter. SRS Capital Advisors Inc. owned 0.20% of First Trust Indxx Medical Devices ETF worth $619,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC increased its stake in shares of First Trust Indxx Medical Devices ETF by 50.2% in the third quarter. Jane Street Group LLC now owns 22,186 shares of the company’s stock valued at $494,000 after buying an additional 7,418 shares during the period.

First Trust Indxx Medical Devices ETF Price Performance

First Trust Indxx Medical Devices ETF stock opened at $21.02 on Tuesday. The firm has a 50-day moving average price of $21.32 and a 200 day moving average price of $21.44. The firm has a market capitalization of $2.10 million, a P/E ratio of 33.80 and a beta of 1.11.

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.