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Market Impact: 0.2

IHI, MDT, RMD, BDX: Large Outflows Detected at ETF

Source: Nasdaq

Market Technicals & FlowsHealthcare & BiotechInvestor Sentiment & Positioning

The iShares U.S. Medical Devices ETF (IHI) saw an estimated $317.5 million outflow, corresponding to an 8.5% week-over-week decrease in shares outstanding. The report describes ETF flows and does not establish a cause or broader impact on medical-device stocks.

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