iShares U.S. Medical Devices ETF (IHI)
iShares U.S. Medical Devices ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $51.60, up 0.51% on the session, giving a market capitalisation of $2.88B. Its beta of 0.81 implies it has historically moved less than the broad market.
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.
iShares U.S. Medical Devices ETF is most often compared with the following Financial Services names: