Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE) Shares Up 0.7% – Time to Buy?

Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE)’s stock price was up 0.7% during mid-day trading on Wednesday . The company traded as high as $29.39 and last traded at $29.38. Approximately 12,013 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 32,054 shares. The stock had previously closed at $29.19.

Motley Fool Capital Efficiency 100 Index ETF Stock Performance

The stock has a market cap of $103.71 million, a P/E ratio of 32.21 and a beta of 1.15. The business has a 50 day simple moving average of $28.69 and a 200-day simple moving average of $27.45.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Motley Fool Capital Efficiency 100 Index ETF stock. Steel Grove Capital Advisors LLC acquired a new stake in Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 19,245 shares of the company’s stock, valued at approximately $542,000. Steel Grove Capital Advisors LLC owned 0.48% of Motley Fool Capital Efficiency 100 Index ETF at the end of the most recent reporting period.

About Motley Fool Capital Efficiency 100 Index ETF

The Motley Fool Capital Efficiency 100 Index ETF (TMFE) is an exchange-traded fund that is based on the Motley Fool Capital Efficiency 100 index. The fund seeks to track an index of 100 US stocks selected based on fundamental criteria of company growth, profitability, and stability. Weighting of holdings are determined by a combination of capital efficiency score and market-cap.