Motley Fool 100 Index ETF (BATS:TMFC) Stock Price Down 5.5% – Time to Sell?

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

Motley Fool 100 Index ETF Stock Performance

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

Institutional Trading of Motley Fool 100 Index ETF

A number of hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its position in Motley Fool 100 Index ETF by 11,323.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,970 shares of the company’s stock valued at $167,000 after purchasing an additional 2,944 shares during the period. Dale Q Rice Investment Management Ltd purchased a new position in Motley Fool 100 Index ETF during the fourth quarter valued at approximately $2,881,000. Strategic Advocates LLC bought a new position in Motley Fool 100 Index ETF in the fourth quarter worth approximately $504,000. Lindbrook Capital LLC lifted its holdings in 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 buying an additional 519 shares during the period. Finally, Titleist Asset Management LLC boosted its position in Motley Fool 100 Index ETF by 12.7% during the 4th quarter. Titleist Asset Management LLC now owns 16,714 shares of the company’s stock valued at $1,005,000 after acquiring an additional 1,884 shares in 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.