Main International ETF (BATS:INTL) Stock Price Up 25.5% – Should You Buy?

Main International ETF (BATS:INTL) shares traded up 25.5% on Wednesday . The company traded as high as $22.24 and last traded at $27.58. 5,421 shares were traded during mid-day trading, a decline of 68% from the average session volume of 17,059 shares. The stock had previously closed at $21.97.

Main International ETF Stock Performance

The company has a market cap of $142.29 million, a price-to-earnings ratio of 16.04 and a beta of 0.80. The stock’s fifty day moving average is $26.69 and its two-hundred day moving average is $25.08.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC increased its stake in shares of Main International ETF (BATS:INTL) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,633,161 shares of the company’s stock after buying an additional 12,549 shares during the quarter. Main International ETF accounts for 7.4% of Main Management LLC’s investment portfolio, making the stock its 4th largest holding. Main Management LLC owned 70.41% of Main International ETF worth $93,659,000 as of its most recent filing with the Securities and Exchange Commission.

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.