International Drawdown Managed Equity ETF (BATS:IDME) Shares Up 0.6% – Still a Buy?

International Drawdown Managed Equity ETF (BATS:IDME) shares shot up 0.6% during mid-day trading on Friday . The stock traded as high as $20.60 and last traded at $20.55. 27,859 shares changed hands during mid-day trading, The stock had previously closed at $20.43.

International Drawdown Managed Equity ETF Stock Up 0.4 %

The business’s fifty day moving average is $20.57 and its 200-day moving average is $20.95. The stock has a market capitalization of $83.59 million, a PE ratio of 11.68 and a beta of 0.59.

About International Drawdown Managed Equity ETF

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.