International Drawdown Managed Equity ETF (BATS:IDME) Stock Price Up 2% – Here’s Why

International Drawdown Managed Equity ETF (BATS:IDMEGet Free Report)’s share price rose 2% on Thursday . The stock traded as high as $26.12 and last traded at $26.1124. Approximately 38,977 shares were traded during mid-day trading, The stock had previously closed at $25.6052.

International Drawdown Managed Equity ETF Trading Down 0.2%

The stock’s 50-day simple moving average is $25.09 and its 200-day simple moving average is $24.06. The stock has a market cap of $107.57 million, a price-to-earnings ratio of 11.68 and a beta of 0.59.

International Drawdown Managed Equity ETF Company Profile

(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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