International Drawdown Managed Equity ETF (BATS:IDME) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

International Drawdown Managed Equity ETF (BATS:IDME)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.09 and traded as high as $21.29. International Drawdown Managed Equity ETF shares last traded at $21.25, with a volume of 9,759 shares trading hands.

International Drawdown Managed Equity ETF Trading Down 0.2 %

The firm has a 50-day moving average of $21.18 and a 200 day moving average of $21.09. The company has a market cap of $85.41 million, a P/E ratio of 11.68 and a beta of 0.59.

International Drawdown Managed Equity ETF Company Profile

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.