IHI Price Prediction, iShares US Medical Devices ETF AI Recommendations

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).

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 generally will invest at least 80% of its assets in the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options, and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the underlying index, but which BFA believes will help the fund track the underlying index. The fund is non-diversified.

The average market capitalization across the iShares US Medical Devices ETF ETF is 23.22B. 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.

The average weekly price growth across all stocks in the iShares US Medical Devices ETF ETF was 19%. For the same ETF, the average monthly price growth was 28%, and the average quarterly price growth was 106%. SENS experienced the highest price growth at 26%, while ATEC experienced the biggest fall at -13%.

The average weekly volume growth across all stocks in the iShares US Medical Devices ETF ETF was 12%. For the same stocks of the ETF, the average monthly volume growth was 15% and the average quarterly volume growth was -40%