Motley Fool 100 Index ETF (BATS:TMFC) Reaches New 1-Year High – Should You Buy?

Motley Fool 100 Index ETF (BATS:TMFC) shares hit a new 52-week high during trading on Monday . The company traded as high as $80.92 and last traded at $80.9210, with a volume of 34421 shares. The stock had previously closed at $79.44.

Motley Fool 100 Index ETF Stock Up 1.9%

The business’s 50-day moving average is $78.51 and its two-hundred day moving average is $75.09. The company has a market capitalization of $1.85 billion, a P/E ratio of 30.01 and a beta of 1.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in shares of Motley Fool 100 Index ETF by 0.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,105 shares of the company’s stock worth $1,260,000 after acquiring an additional 154 shares during the period. NBT Bank N A NY boosted its holdings in Motley Fool 100 Index ETF by 594.4% in the 1st 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 period. Main Street Group LTD purchased a new position in Motley Fool 100 Index ETF during the first quarter worth about $44,000. EverSource Wealth Advisors LLC bought a new position in shares of Motley Fool 100 Index ETF in the fourth quarter worth approximately $57,000. Finally, Goodman Advisory Group LLC increased its holdings in shares of Motley Fool 100 Index ETF by 1.8% in the 4th quarter. Goodman Advisory Group LLC now owns 128,355 shares of the company’s stock worth $9,212,000 after buying an additional 2,325 shares during 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.