Notable companies
The most notable companies in this group are Abbott Laboratories (NYSE:ABT), Intuitive Surgical (NASDAQ:ISRG), Medtronic plc (NYSE:MDT), Boston Scientific Corp (NYSE:BSX), Edwards Lifesciences Corp (NYSE:EW).
Industry description
The investment seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index composed of U.S. equities in the medical devices sector.
The fund seeks to track the investment results of the Dow Jones U.S. Select Medical Equipment Index, which measures the performance of the medical equipment sector of the U.S. equity market, as defined by S&P Dow Jones Indices LLC. The index includes medical equipment companies, including manufacturers and distributors of medical devices such as magnetic resonance imaging scanners, prosthetics, pacemakers, X-ray machines, and other non-disposable medical devices. The fund is non-diversified.
Market Cap
The average market capitalization across the iShares US Medical Devices ETF ETF is 23.67B. The market cap for tickers in the group ranges from 281.84M to 194.5B. ABT holds the highest valuation in this group at 194.5B. The lowest valued company is SENS at 281.84M.
High and low price notable news
The average weekly price growth across all stocks in the iShares US Medical Devices ETF ETF was -1%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 5%. FNA experienced the highest price growth at 40%, while QDEL experienced the biggest fall at -17%.
Volume
The average weekly volume growth across all stocks in the iShares US Medical Devices ETF ETF was 2%. For the same stocks of the ETF, the average monthly volume growth was 44% and the average quarterly volume growth was 54%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 65
P/E Growth Rating: 66
Price Growth Rating: 49
SMR Rating: 74
Profit Risk Rating: 75
Seasonality Score: 33 (-100 ... +100)