Significant Capital Outflow Hits iShares U.S. Medical Devices ETF

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The iShares U.S. Medical Devices ETF (IHI) experienced a significant outflow of approximately $151.7 million, marking a 3.9% decrease in shares outstanding from 64,850,000 to 62,300,000. This data was reported for the week ending [insert date] and highlights notable trading activity within the ETF.

Key underlying components of IHI include Boston Scientific Corp. (BSX), which is up about 0.3%, Becton, Dickinson & Co. (BDX), which has risen by approximately 1.1%, and Edwards Lifesciences Corp (EW), which is slightly down by 0.1%. IHI’s share price is currently at $59.62, with a one-year low of $52.90 and a high of $65.18.

For future reference, the ETF’s volatility and performance can be further analyzed against its 200-day moving average, which is a common technical analysis tool.

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