Main International ETF (BATS:INTL) Given New $66.00 Price Target at Tigress Financial

Main International ETF (BATS:INTL) had its target price boosted by analysts at Tigress Financial from $52.00 to $66.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Tigress Financial’s price target would suggest a potential upside of 121.96% from the stock’s previous close.

Main International ETF Stock Performance

Shares of BATS INTL traded up $7.76 during trading on Wednesday, hitting $29.74. 5,421 shares of the company were exchanged, compared to its average volume of 17,059. Main International ETF has a 12-month low of $20.42 and a 12-month high of $26.58. The company has a fifty day moving average price of $28.30 and a 200-day moving average price of $27.59. The firm has a market capitalization of $153.43 million, a PE ratio of 16.04 and a beta of 0.80.

Institutional Investors Weigh In On Main International ETF

A hedge fund recently raised its stake in Main International ETF stock. Main Management LLC lifted its holdings in shares of Main International ETF (BATS:INTL) by 0.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,633,161 shares of the company’s stock after purchasing an additional 12,549 shares during the quarter. Main International ETF comprises approximately 7.4% of Main Management LLC’s investment portfolio, making the stock its 4th biggest position. Main Management LLC owned 70.41% of Main International ETF worth $93,659,000 as of its most recent SEC filing.

About Main International ETF

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.