The exchange-traded funds (ETFs) at iShares have helped clients meet their investment goals since its establishment in 2006. iShares provides long-term investment strategies focused on global trends. The fund concentrates on longevity, sustainability, and diversification of portfolios. The iShares US Medical Devices ETF has a goal of tracking and reporting US medical device investment results. The ETF's investment adviser is BlackRock Fund Advisors, based in New York City.
The iShares US Medical Devices ETF began on 1st of May 2006. In August 2020, it had 59 holdings and a 30-day median bid of 0.05. The largest percentage of market value for this ETF lies in health care equipment (84.38%) and life sciences tools and service (15.08%).
iShares is listed on the NYSE under the ticker IHI. The fund's top three holdings, all coming in over 10%, are Abbott Laboratories, Thermo Fisher Scientific Inc., and Medtronic PLC. The fund has a standard deviation of 17.58%.
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