Motley Fool 100 Index ETF (BATS:TMFC) Trading Up 13.6% – What’s Next?

Shares of Motley Fool 100 Index ETF (BATS:TMFC) rose 13.6% during trading on Friday . The company traded as high as $60.47 and last traded at $67.04. Approximately 117,849 shares changed hands during trading, a decline of 13% from the average daily volume of 135,800 shares. The stock had previously closed at $59.00.

Motley Fool 100 Index ETF Trading Up 13.6%

The business’s 50 day moving average is $65.12 and its 200 day moving average is $60.52. The stock has a market capitalization of $1.54 billion, a PE ratio of 30.01 and a beta of 1.14.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC bought a new position in shares of Motley Fool 100 Index ETF in the first quarter worth about $560,000. Captrust Financial Advisors grew its holdings in shares of Motley Fool 100 Index ETF by 6.0% in the fourth quarter. Captrust Financial Advisors now owns 5,623 shares of the company’s stock worth $338,000 after purchasing an additional 320 shares during the last quarter. Dale Q Rice Investment Management Ltd grew its holdings in shares of Motley Fool 100 Index ETF by 0.6% in the first quarter. Dale Q Rice Investment Management Ltd now owns 48,191 shares of the company’s stock worth $2,680,000 after purchasing an additional 276 shares during the last quarter. NewEdge Advisors LLC grew its holdings 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 worth $39,000 after purchasing an additional 388 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Motley Fool 100 Index ETF in the second quarter worth about $559,000.

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.