International Drawdown Managed Equity ETF (BATS:IDME) Trading 0.4% Higher – Here’s Why

International Drawdown Managed Equity ETF (BATS:IDMEGet Free Report)’s stock price shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $24.10 and last traded at $24.10. 26,447 shares traded hands during mid-day trading, The stock had previously closed at $24.01.

International Drawdown Managed Equity ETF Stock Performance

The firm has a fifty day simple moving average of $23.82 and a 200 day simple moving average of $23.07. The company has a market capitalization of $97.89 million, a PE ratio of 11.68 and a beta of 0.59.

About International Drawdown Managed Equity ETF

(Get Free Report)

The International Drawdown Managed Equity ETF (IDME) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds which selects global ex-US ETFs that exhibit positive fundamental and momentum characteristics combined with a downside hedge. IDME was launched on Jul 22, 2021 and is managed by Aptus.

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