Motley Fool 100 Index ETF (BATS:TMFC) Stock Price Down 5.5% – Here’s What Happened

Motley Fool 100 Index ETF (BATS:TMFC) shares traded down 5.5% during trading on Monday . The company traded as low as $59.74 and last traded at $55.75. 117,849 shares traded hands during trading, an increase of 11% from the average session volume of 106,558 shares. The stock had previously closed at $59.00.

Motley Fool 100 Index ETF Price Performance

The stock has a market capitalization of $1.18 billion, a PE ratio of 28.84 and a beta of 1.14. The firm has a fifty day moving average price of $59.26 and a two-hundred day moving average price of $58.96.

Institutional Trading of Motley Fool 100 Index ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of TMFC. Dale Q Rice Investment Management Ltd bought a new position in shares of Motley Fool 100 Index ETF in the fourth quarter worth about $2,881,000. Strategic Advocates LLC bought a new stake in Motley Fool 100 Index ETF during the 4th quarter valued at about $504,000. JPMorgan Chase & Co. boosted its position in Motley Fool 100 Index ETF by 11,323.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,970 shares of the company’s stock valued at $167,000 after buying an additional 2,944 shares during the period. Titleist Asset Management LLC grew its stake in Motley Fool 100 Index ETF by 12.7% in the 4th quarter. Titleist Asset Management LLC now owns 16,714 shares of the company’s stock worth $1,005,000 after acquiring an additional 1,884 shares in the last quarter. Finally, Lindbrook Capital LLC increased its position in shares of Motley Fool 100 Index ETF by 138.8% during the fourth quarter. Lindbrook Capital LLC now owns 893 shares of the company’s stock worth $54,000 after acquiring an additional 519 shares during the period.

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.