Main International ETF (BATS:INTL) Trading Down 0.3% – Should You Sell?

Shares of Main International ETF (BATS:INTL) traded down 0.3% on Wednesday . The company traded as low as $30.39 and last traded at $30.54. 9,595 shares were traded during trading, a decline of 69% from the average daily volume of 31,366 shares. The stock had previously closed at $30.64.

Main International ETF Price Performance

The company has a 50-day simple moving average of $30.84 and a 200-day simple moving average of $30.24. The firm has a market cap of $158.62 million, a PE ratio of 16.04 and a beta of 0.80.

Main International ETF Announces Dividend

The company also recently declared a semiannual dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.3151 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a dividend yield of 208.0%.

Institutional Trading of Main International ETF

A hedge fund recently raised its position in Main International ETF stock. Main Management LLC lifted its holdings in shares of Main International ETF (BATS:INTL) by 2.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,735,118 shares of the company’s stock after acquiring an additional 89,077 shares during the period. Main International ETF makes up approximately 7.5% of Main Management LLC’s investment portfolio, making the stock its 6th largest holding. Main Management LLC owned 72.39% of Main International ETF worth $104,247,000 as of its most recent SEC filing.

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.