International Drawdown Managed Equity ETF (BATS:IDME) Stock Price Up 0.1% – Here’s What Happened

International Drawdown Managed Equity ETF (BATS:IDME) traded up 0.1% during mid-day trading on Friday . The stock traded as high as $24.75 and last traded at $24.7050. 15,264 shares traded hands during mid-day trading, The stock had previously closed at $24.6895.

International Drawdown Managed Equity ETF Stock Performance

The business has a 50-day simple moving average of $24.03 and a 200 day simple moving average of $23.33. The firm has a market cap of $100.56 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.