Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) Stock Price Up 0.7% – Still a Buy?

Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) rose 0.7% during mid-day trading on Thursday . The company traded as high as $29.92 and last traded at $29.83. Approximately 10,893 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 18,715 shares. The stock had previously closed at $29.61.

Motley Fool Capital Efficiency 100 Index ETF Price Performance

The company has a market capitalization of $107.16 million, a P/E ratio of 31.96 and a beta of 1.12. The stock has a 50-day moving average price of $28.98 and a 200-day moving average price of $28.90.

Hedge Funds Weigh In On Motley Fool Capital Efficiency 100 Index ETF

An institutional investor recently raised its position in Motley Fool Capital Efficiency 100 Index ETF stock. NewEdge Advisors LLC lifted its stake in shares of Motley Fool Capital Efficiency 100 Index ETF (BATS:TMFE) by 82.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,654 shares of the company’s stock after acquiring an additional 1,200 shares during the quarter. NewEdge Advisors LLC owned approximately 0.08% of Motley Fool Capital Efficiency 100 Index ETF worth $77,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Motley Fool Capital Efficiency 100 Index ETF Company Profile

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 issued by The Motley Fool.