Main International ETF (BATS:INTL) Trading Up 32.1% – Still a Buy?

Main International ETF (BATS:INTLGet Free Report) shares shot up 32.1% during mid-day trading on Tuesday . The stock traded as high as $22.24 and last traded at $29.03. 5,421 shares traded hands during trading, a decline of 68% from the average session volume of 17,059 shares. The stock had previously closed at $21.9723.

Main International ETF Stock Performance

The company’s 50-day moving average price is $28.07 and its 200 day moving average price is $27.35. The stock has a market capitalization of $149.79 million, a PE ratio of 16.04 and a beta of 0.80.

Main International ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, December 29th. Stockholders of record on Tuesday, December 23rd were given a $0.7176 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 515.0%.

Hedge Funds Weigh In On Main International ETF

An institutional investor recently raised its position in Main International ETF stock. Main Management LLC grew its holdings in shares of Main International ETF (BATS:INTLFree Report) by 0.3% during the second quarter, according to the company in its most recent 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 period. Main International ETF accounts for approximately 7.4% of Main Management LLC’s holdings, making the stock its 4th biggest position. Main Management LLC owned 70.41% of Main International ETF worth $93,659,000 at the end of the most recent quarter.

Main International ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Main International ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Main International ETF and related companies with MarketBeat.com's FREE daily email newsletter.