Motley Fool 100 Index ETF (BATS:TMFC) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Motley Fool 100 Index ETF (BATS:TMFC) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $55.43 and traded as high as $62.19. Motley Fool 100 Index ETF shares last traded at $62.16, with a volume of 115,304 shares trading hands.

Motley Fool 100 Index ETF Price Performance

The stock has a market cap of $951.87 million, a price-to-earnings ratio of 37.27 and a beta of 1.21. The firm’s 50-day moving average is $58.69 and its 200 day moving average is $55.55.

Institutional Investors Weigh In On Motley Fool 100 Index ETF

An institutional investor recently bought a new position in Motley Fool 100 Index ETF stock. Mill Creek Capital Advisors LLC purchased a new position in shares of Motley Fool 100 Index ETF (BATS:TMFC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,653 shares of the company’s stock, valued at approximately $205,000.

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.