Motley Fool 100 Index ETF (BATS:TMFC) Reaches New 52-Week High – Here’s What Happened

Motley Fool 100 Index ETF (BATS:TMFC)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $78.25 and last traded at $78.03, with a volume of 12085 shares trading hands. The stock had previously closed at $77.90.

Motley Fool 100 Index ETF Stock Performance

The company has a 50 day moving average price of $72.50 and a 200 day moving average price of $71.36. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 30.01 and a beta of 1.14.

Hedge Funds Weigh In On Motley Fool 100 Index ETF

Large investors have recently modified their holdings of the business. Western Wealth Management LLC lifted its stake in shares of Motley Fool 100 Index ETF by 123.2% in the 3rd quarter. Western Wealth Management LLC now owns 41,611 shares of the company’s stock valued at $2,935,000 after purchasing an additional 22,972 shares during the last quarter. Goodman Advisory Group LLC acquired a new position in shares of Motley Fool 100 Index ETF in the 3rd quarter valued at $8,889,000. Main Street Group LTD acquired a new position in shares of Motley Fool 100 Index ETF in the 1st quarter valued at $44,000. Janney Montgomery Scott LLC lifted its stake in shares of Motley Fool 100 Index ETF by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 19,105 shares of the company’s stock valued at $1,260,000 after purchasing an additional 154 shares during the last quarter. Finally, NBT Bank N A NY lifted 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 worth $33,000 after acquiring an additional 428 shares in the last quarter.

About Motley Fool 100 Index ETF

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.