Motley Fool 100 Index ETF (BATS:TMFC) Sets New 12-Month High – Here’s Why

Motley Fool 100 Index ETF (BATS:TMFC) reached a new 52-week high on Monday . The stock traded as high as $80.92 and last traded at $80.9210, with a volume of 34421 shares. The stock had previously closed at $79.44.

Motley Fool 100 Index ETF Trading Up 1.9%

The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 30.01 and a beta of 1.14. The business’s 50 day moving average price is $78.51 and its two-hundred day moving average price is $75.09.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. NBT Bank N A NY lifted its holdings 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 worth $33,000 after buying an additional 428 shares during the period. Main Street Group LTD bought a new position in Motley Fool 100 Index ETF during the first quarter worth $44,000. EverSource Wealth Advisors LLC acquired a new stake in Motley Fool 100 Index ETF in the fourth quarter worth $57,000. X Square Capital LLC acquired a new stake in Motley Fool 100 Index ETF in the fourth quarter worth $212,000. Finally, Dala Group LLC bought a new stake in Motley Fool 100 Index ETF in the first quarter valued at $575,000.

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.