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

Motley Fool 100 Index ETF (BATS:TMFC)’s share price reached a new 52-week high during mid-day trading on Monday. The company traded as high as $81.43 and last traded at $81.4640, with a volume of 32820 shares trading hands. The stock had previously closed at $80.84.

Motley Fool 100 Index ETF Stock Performance

The firm has a fifty day moving average price of $79.22 and a 200 day moving average price of $75.91. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 30.01 and a beta of 1.14.

Institutional Investors Weigh In On Motley Fool 100 Index ETF

Several hedge funds have recently added to or reduced their stakes in the business. Goodman Advisory Group LLC lifted its stake in shares of Motley Fool 100 Index ETF by 1.8% during the 4th quarter. Goodman Advisory Group LLC now owns 128,355 shares of the company’s stock worth $9,212,000 after buying an additional 2,325 shares during the last quarter. Strategic Advocates LLC increased its stake in shares of Motley Fool 100 Index ETF by 48.3% during the fourth quarter. Strategic Advocates LLC now owns 21,192 shares of the company’s stock worth $1,532,000 after purchasing an additional 6,905 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Motley Fool 100 Index ETF by 0.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,105 shares of the company’s stock worth $1,260,000 after purchasing an additional 154 shares during the last quarter. Dala Group LLC bought a new stake in Motley Fool 100 Index ETF in the 1st quarter valued at $575,000. Finally, X Square Capital LLC acquired a new position in Motley Fool 100 Index ETF in the 4th quarter valued at $212,000.

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.