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

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

Motley Fool 100 Index ETF Stock Up 0.4%

The stock has a market cap of $1.79 billion, a PE ratio of 30.01 and a beta of 1.14. The business has a 50 day moving average price of $72.08 and a 200 day moving average price of $71.26.

Hedge Funds Weigh In On Motley Fool 100 Index ETF

A number of hedge funds have recently bought and sold shares of the business. NBT Bank N A NY lifted its position 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 acquiring an additional 428 shares in the last quarter. NewEdge Advisors LLC lifted its position 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 acquiring an additional 388 shares in the last quarter. Main Street Group LTD purchased a new position in shares of Motley Fool 100 Index ETF in the first quarter valued at approximately $44,000. EverSource Wealth Advisors LLC purchased a new position in shares of Motley Fool 100 Index ETF in the fourth quarter valued at approximately $57,000. Finally, Triumph Capital Management purchased a new position in shares of Motley Fool 100 Index ETF in the third quarter valued at approximately $63,000.

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.