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

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

Main International ETF Trading Down 0.1%

The stock has a 50-day simple moving average of $30.60 and a 200-day simple moving average of $29.82. The company has a market cap of $156.30 million, a price-to-earnings ratio of 16.04 and a beta of 0.80.

Hedge Funds Weigh In On Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC raised its stake in shares of Main International ETF (BATS:INTL) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,735,118 shares of the company’s stock after buying an additional 89,077 shares during the period. Main International ETF makes up 7.5% of Main Management LLC’s portfolio, making the stock its 6th biggest position. 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.

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.