Tuesday’s ETF To Watch: Medical Devices Fund (IHI)

The health care sector has been in the middle of major political and economic debates since the Obama administration began pushing its aggressive health care law last year. Since that time, many haved argue over how to move forward in the space, and over economically viable ways to provide care to the citizens of our nation. With Obama’s recent budget plans for 2012, he will aim to increase spending in the health sector–perhaps boosting the outlooks for some of the firms within it. From an ETF standpoint, health care funds have had a strong 2011, with iShares and State Street’s largest health care ETFs (IHF and XLV) up 12% and 4%, respectively. Today, an announcement from a major medical firm will come that will put these funds in focus for the day [see also Warning: Obama’s $3.73 Trillion Budget Could Sink These Three ETFs]. Today, prior to market open, Medtronic Inc [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: Medical Devices Fund (IHI) Tuesday’s ETF To Watch: Medical Devices ETF (IHI) Beyond XLV: Five Alternative Health Care ETFs Nine Twists On Sector ETF Investing Health Care ETFs In Focus After Historic Vote