International Drawdown Managed Equity ETF (BATS:IDME) Holdings Lowered by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC lessened its position in shares of International Drawdown Managed Equity ETF (BATS:IDME) by 20.4% during the second quarter, Holdings Channel reports. The institutional investor owned 630,239 shares of the company’s stock after selling 161,566 shares during the quarter. International Drawdown Managed Equity ETF accounts for 2.9% of Sugarloaf Wealth Management LLC’s holdings, making the stock its 7th largest holding. Sugarloaf Wealth Management LLC owned approximately 0.16% of International Drawdown Managed Equity ETF worth $12,518,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Silver Oak Securities Incorporated lifted its position in shares of International Drawdown Managed Equity ETF by 4.9% during the 1st quarter. Silver Oak Securities Incorporated now owns 146,644 shares of the company’s stock valued at $2,903,000 after buying an additional 6,815 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of International Drawdown Managed Equity ETF during the 4th quarter valued at $1,607,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in shares of International Drawdown Managed Equity ETF during the 1st quarter valued at $76,000.

International Drawdown Managed Equity ETF Stock Down 0.5 %

Shares of BATS:IDME traded down $0.09 during midday trading on Tuesday, reaching $19.67. 41,655 shares of the company traded hands. The company has a market capitalization of $79.66 million, a price-to-earnings ratio of 11.68 and a beta of 0.59. The business’s 50 day moving average price is $19.91 and its two-hundred day moving average price is $19.83.

International Drawdown Managed Equity ETF 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.