Main International ETF (BATS:INTL) Shares Down 0.6% – Here’s What Happened

Main International ETF (BATS:INTL) traded down 0.6% during mid-day trading on Tuesday . The stock traded as low as $28.31 and last traded at $28.52. 10,902 shares traded hands during trading, a decline of 70% from the average session volume of 35,978 shares. The stock had previously closed at $28.70.

Wall Street Analyst Weigh In

Separately, Tigress Financial increased their target price on shares of Main International ETF from $52.00 to $66.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th.

Main International ETF Stock Down 0.6%

The stock has a market capitalization of $147.16 million, a P/E ratio of 16.04 and a beta of 0.80. The business’s 50 day simple moving average is $29.18 and its two-hundred day simple moving average is $28.51.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC raised its holdings in Main International ETF (BATS:INTL) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,735,118 shares of the company’s stock after buying an additional 89,077 shares during the period. Main International ETF comprises about 7.5% of Main Management LLC’s holdings, making the stock its 6th largest position. Main Management LLC owned approximately 72.39% of Main International ETF worth $104,247,000 at the end of the most recent quarter.

Main International ETF Company Profile

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.