Motley Fool 100 Index ETF (BATS:TMFC) Hits New 12-Month High – Here’s What Happened

Shares of Motley Fool 100 Index ETF (BATS:TMFC) reached a new 52-week high on Wednesday . The company traded as high as $75.70 and last traded at $75.67, with a volume of 13404 shares changing hands. The stock had previously closed at $74.91.

Motley Fool 100 Index ETF Stock Up 0.9%

The stock’s 50 day moving average is $69.76 and its 200-day moving average is $70.72. The company has a market cap of $1.76 billion, a PE ratio of 30.01 and a beta of 1.14.

Institutional Trading of Motley Fool 100 Index ETF

Several hedge funds have recently made changes to their positions in the business. Goodman Advisory Group LLC purchased a new position in Motley Fool 100 Index ETF in the third quarter worth about $8,889,000. Western Wealth Management LLC raised its position in Motley Fool 100 Index ETF by 123.2% during the third 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 period. Captrust Financial Advisors lifted its stake in shares of Motley Fool 100 Index ETF by 3.9% in the 4th quarter. Captrust Financial Advisors now owns 5,842 shares of the company’s stock valued at $419,000 after purchasing an additional 219 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Motley Fool 100 Index ETF by 1,210.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,275 shares of the company’s stock valued at $231,000 after purchasing an additional 3,025 shares during the last quarter. Finally, Rossby Financial LCC purchased a new position in shares of Motley Fool 100 Index ETF in the 4th quarter worth approximately $80,000.

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.