International Drawdown Managed Equity ETF (BATS:IDME) Trading Down 0.1% – Here’s Why

International Drawdown Managed Equity ETF (BATS:IDMEGet Free Report) dropped 0.1% during mid-day trading on Monday . The stock traded as low as $21.06 and last traded at $21.08. Approximately 24,816 shares traded hands during mid-day trading, The stock had previously closed at $21.11.

International Drawdown Managed Equity ETF Stock Down 0.1 %

The business has a 50-day moving average price of $20.53 and a 200-day moving average price of $20.93. The firm has a market capitalization of $85.37 million, a price-to-earnings ratio of 11.68 and a beta of 0.59.

About International Drawdown Managed Equity ETF

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The International Drawdown Managed Equity ETF (IDME) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds which selects global ex-US ETFs that exhibit positive fundamental and momentum characteristics combined with a downside hedge. IDME was launched on Jul 22, 2021 and is managed by Aptus.

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