Main International ETF (BATS:INTL) Trading Down 0.4% – What’s Next?

Main International ETF (BATS:INTL)’s share price traded down 0.4% during mid-day trading on Monday . The company traded as low as $29.83 and last traded at $29.83. Approximately 25,435 shares were traded during trading, a decline of 22% from the average session volume of 32,485 shares. The stock had previously closed at $29.95.

Main International ETF Stock Down 0.4%

The firm has a market capitalization of $153.92 million, a P/E ratio of 16.04 and a beta of 0.80. The company’s 50 day moving average is $30.60 and its 200-day moving average is $29.80.

Hedge Funds Weigh In On Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC lifted its stake in shares of Main International ETF (BATS:INTL) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,735,118 shares of the company’s stock after purchasing an additional 89,077 shares during the quarter. Main International ETF comprises 7.5% of Main Management LLC’s investment portfolio, making the stock its 6th biggest holding. Main Management LLC owned about 72.39% of Main International ETF worth $104,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Main International ETF

The Main International ETF (INTL) is an exchange-traded fund that mostly invests in total market equity. The fund is a fund-of-funds containing non-US equity exposure. The fund is actively managed, seeking long term capital appreciation through equity exposure and covered option writing strategies. INTL was launched on Dec 1, 2022 and is managed by Main Funds.