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

Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE) dropped 0.7% during mid-day trading on Thursday . The stock traded as low as $28.32 and last traded at $28.38. Approximately 14,744 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 20,647 shares. The stock had previously closed at $28.58.

Motley Fool Capital Efficiency 100 Index ETF Stock Performance

The stock’s 50 day moving average is $29.13 and its 200 day moving average is $29.01. The company has a market capitalization of $92.24 million, a PE ratio of 32.21 and a beta of 1.10.

Hedge Funds Weigh In On Motley Fool Capital Efficiency 100 Index ETF

An institutional investor recently bought a new position in Motley Fool Capital Efficiency 100 Index ETF stock. NewEdge Advisors LLC acquired a new position in shares of Motley Fool Capital Efficiency 100 Index ETF (NYSEARCA:TMFE) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,454 shares of the company’s stock, valued at approximately $42,000.

Motley Fool Capital Efficiency 100 Index ETF Company Profile

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. TMFE was launched on Dec 29, 2021 and is managed by Motley Fool.