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

Shares of Motley Fool 100 Index ETF (BATS:TMFC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $78.97 and last traded at $78.94, with a volume of 85094 shares trading hands. The stock had previously closed at $77.38.

Motley Fool 100 Index ETF Stock Performance

The company has a 50 day moving average of $76.63 and a 200-day moving average of $72.97. The stock has a market cap of $1.83 billion, a price-to-earnings 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. Western Wealth Management LLC boosted its stake in shares of Motley Fool 100 Index ETF by 39.5% in the fourth quarter. Western Wealth Management LLC now owns 58,041 shares of the company’s stock valued at $4,166,000 after purchasing an additional 16,430 shares during the period. Dala Group LLC purchased a new stake in Motley Fool 100 Index ETF during the 1st quarter worth approximately $575,000. Strategic Advocates LLC increased its stake in Motley Fool 100 Index ETF by 48.3% during the 4th quarter. Strategic Advocates LLC now owns 21,192 shares of the company’s stock worth $1,532,000 after buying an additional 6,905 shares during the period. JPMorgan Chase & Co. increased its stake in Motley Fool 100 Index ETF by 1,210.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,275 shares of the company’s stock worth $231,000 after buying an additional 3,025 shares during the period. Finally, Sound Income Strategies LLC lifted its holdings in Motley Fool 100 Index ETF by 239.7% during the 4th quarter. Sound Income Strategies LLC now owns 2,986 shares of the company’s stock worth $213,000 after buying an additional 2,107 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.