Motley Fool Wealth Management LLC Raises Stake in Motley Fool Mid-Cap Growth ETF (BATS:TMFM)

Motley Fool Wealth Management LLC lifted its position in shares of Motley Fool Mid-Cap Growth ETF (BATS:TMFM) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 148,531 shares of the company’s stock after buying an additional 3,740 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Motley Fool Mid-Cap Growth ETF were worth $3,738,000 at the end of the most recent quarter.

Motley Fool Mid-Cap Growth ETF Price Performance

Shares of BATS TMFM traded up $0.11 during midday trading on Friday, reaching $25.69. 13,768 shares of the stock were exchanged. The stock’s 50-day simple moving average is $26.22 and its 200 day simple moving average is $25.00. The stock has a market capitalization of $191.12 million, a P/E ratio of 28.16 and a beta of 0.96.

About Motley Fool Mid-Cap Growth ETF

The Motley Fool Mid-Cap Growth ETF (TMFM) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively-managed portfolio of US mid-cap companies with quality growth characteristics, selected based on qualitative and quantitative factors. TMFM was launched on Jun 17, 2014 and is managed by Motley Fool.