MDEV volume surges 14x as Edwards Lifesciences jumps

First Trust Indxx Medical Devices ETF (MDEV) has seen unusual trading volume, which is 14× higher than its average daily volume.

Among its top holdings, Edwards Lifesciences Corp., a 2.2% weight in the fund, was in focus after Mizuho Securities reiterated a Buy rating and set a $100 price target, with the stock recently closing at $84.15 and the broader analyst consensus also pointing to moderate upside. No other major holdings in the ETF reported notable company-specific news over the past day based on the available information.