Motley Fool 100 Index ETF (BATS:TMFC) Hits New 1-Year High – Here’s What Happened

Motley Fool 100 Index ETF (BATS:TMFC)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $78.97 and last traded at $78.94, with a volume of 85094 shares changing hands. The stock had previously closed at $77.38.

Motley Fool 100 Index ETF Stock Performance

The stock has a market cap of $1.81 billion, a PE ratio of 30.01 and a beta of 1.14. The firm’s 50-day moving average is $76.55 and its 200 day moving average is $72.86.

Hedge Funds Weigh In On Motley Fool 100 Index ETF

Several institutional investors have recently added to or reduced their stakes in the stock. NBT Bank N A NY raised its stake in Motley Fool 100 Index ETF by 594.4% during the 1st quarter. NBT Bank N A NY now owns 500 shares of the company’s stock valued at $33,000 after acquiring an additional 428 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Motley Fool 100 Index ETF by 179.6% in the 2nd quarter. NewEdge Advisors LLC now owns 604 shares of the company’s stock valued at $39,000 after purchasing an additional 388 shares during the last quarter. Main Street Group LTD purchased a new position in shares of Motley Fool 100 Index ETF in the 1st quarter valued at approximately $44,000. EverSource Wealth Advisors LLC acquired a new position in shares of Motley Fool 100 Index ETF in the fourth quarter valued at approximately $57,000. Finally, Triumph Capital Management acquired a new position in shares of Motley Fool 100 Index ETF in the third quarter valued at approximately $63,000.

Motley Fool 100 Index ETF Company Profile

The Motley Fool 100 Index ETF (TMFC) is an exchange-traded fund that is based on the Motley Fool 100 index. The fund tracks an index of 100 of the largest US companies identified by any of the Motley Fool publications, including the top companies in the Motley Fool IQ Database. TMFC was launched on Jan 29, 2018 and is managed by Motley Fool.