Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE) Shares Down 0.7% – Should You Sell?

Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE)’s share price fell 0.7% during mid-day trading on Thursday . The stock traded as low as $28.32 and last traded at $28.38. 14,744 shares changed hands during trading, a decline of 29% from the average session volume of 20,647 shares. The stock had previously closed at $28.58.

Motley Fool Capital Efficiency 100 Index ETF Stock Performance

The business has a 50 day moving average price of $29.11 and a 200-day moving average price of $29.01. The company has a market capitalization of $92.95 million, a price-to-earnings ratio of 32.21 and a beta of 1.10.

Institutional Investors Weigh In On Motley Fool Capital Efficiency 100 Index ETF

An institutional investor recently bought a new position in Motley Fool Capital Efficiency 100 Index ETF stock. NewEdge Advisors LLC bought a new position in shares of Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,454 shares of the company’s stock, valued at approximately $42,000.

About Motley Fool Capital Efficiency 100 Index ETF

The Motley Fool Capital Efficiency 100 Index ETF (TMFE) is an exchange-traded fund that is based on the Motley Fool Capital Efficiency 100 index. The fund seeks to track an index of 100 US stocks selected based on fundamental criteria of company growth, profitability, and stability. Weighting of holdings are determined by a combination of capital efficiency score and market-cap. TMFE was launched on Dec 29, 2021 and is managed by Motley Fool.