Main International ETF (BATS:INTL) Stock Price Up 3.5% – Here’s What Happened

Main International ETF (BATS:INTL)’s stock price traded up 3.5% during trading on Friday . The company traded as high as $22.24 and last traded at $22.75. 5,421 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 17,157 shares. The stock had previously closed at $21.97.

Main International ETF Stock Up 3.5 %

The firm has a 50 day moving average of $23.13 and a 200 day moving average of $22.96. The firm has a market cap of $103.49 million, a PE ratio of 14.61 and a beta of -20.65.

Hedge Funds Weigh In On Main International ETF

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC boosted its position in Main International ETF (BATS:INTL) by 1.4% during the 4th 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 quarter. Main International ETF comprises 6.5% of Main Management LLC’s investment portfolio, making the stock its 5th biggest 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.

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.