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

Main International ETF (BATS:INTL) traded up 8% during trading on Thursday . The stock traded as high as $22.24 and last traded at $23.73. 5,421 shares were traded 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 Stock Performance

The firm has a market cap of $106.47 million, a P/E ratio of 16.07 and a beta of -14.91. The firm’s fifty day moving average is $23.33 and its 200 day moving average is $23.08.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC boosted its position in shares of Main International ETF (BATS:INTL) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,601,738 shares of the company’s stock after buying an additional 49,141 shares during the period. Main International ETF makes up approximately 6.5% of Main Management LLC’s investment portfolio, making the stock its 5th largest position. Main Management LLC owned about 69.26% of Main International ETF worth $79,609,000 at the end of the most recent reporting period.

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.