First Trust Indxx Medical Devices ETF (MDEV)

Market Cap: $3.26M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

17% more funds holding

Funds holding: 6 [Q1] → 7 (+1) [Q2]

2.77% more ownership

Funds ownership: 49.72% [Q1] → 52.48% (+2.77%) [Q2]

2% less capital invested

Capital invested by funds: $1.6M [Q1] → $1.56M (-$31.3K) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2