The iShares U.S. Medical Devices ETF is seeing unusually high volume in afternoon trading Tuesday, with over 387,000 shares traded versus three month average volume of about 94,000. Shares of IHI were up about 1% on the day.
Components of that ETF with the highest volume on Tuesday were Boston Scientific, trading up about 4.5% with over 5.8 million shares changing hands so far this session, and Abbott Laboratories, up about 1.2% on volume of over 2.2 million shares. Staar Surgical is lagging other components of the iShares U.S. Medical Devices ETF Tuesday, trading lower by about 4.7%.
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