Motley Fool 100 Index ETF (BATS:TMFC) Hits New 52-Week High – Should You Buy?

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

Motley Fool 100 Index ETF Stock Up 0.4%

The firm has a market cap of $1.79 billion, a PE ratio of 30.01 and a beta of 1.14. The firm has a 50-day moving average price of $72.08 and a two-hundred day moving average price of $71.26.

Institutional Investors Weigh In On Motley Fool 100 Index ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NBT Bank N A NY increased its holdings in shares of Motley Fool 100 Index ETF by 594.4% in the first quarter. NBT Bank N A NY now owns 500 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Motley Fool 100 Index ETF by 179.6% in the second quarter. NewEdge Advisors LLC now owns 604 shares of the company’s stock valued at $39,000 after buying an additional 388 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of Motley Fool 100 Index ETF in the first quarter valued at $44,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Motley Fool 100 Index ETF in the fourth quarter valued at $57,000. Finally, Triumph Capital Management acquired a new stake in shares of Motley Fool 100 Index ETF in the third quarter valued at $63,000.

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.