Main International ETF (BATS:INTL) Trading Up 8% – Here’s What Happened

Main International ETF (BATS:INTL)’s share price traded up 8% during mid-day trading on Thursday . The company traded as high as $22.24 and last traded at $23.73. 5,421 shares changed hands during trading, a decline of 68% from the average session volume of 16,784 shares. The stock had previously closed at $21.97.

Main International ETF Trading Up 8.0 %

The stock’s fifty day simple moving average is $23.31 and its 200-day simple moving average is $23.07. The company has a market capitalization of $107.97 million, a price-to-earnings ratio of 16.07 and a beta of -14.91.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC raised its stake in Main International ETF (BATS:INTL) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,601,738 shares of the company’s stock after purchasing an additional 49,141 shares during the period. Main International ETF comprises 6.5% of Main Management LLC’s investment portfolio, making the stock its 5th biggest position. Main Management LLC owned approximately 69.26% of Main International ETF worth $79,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.