FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Sets New 52-Week High – Should You Buy?

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $250.48 and last traded at $249.41, with a volume of 11121 shares trading hands. The stock had previously closed at $250.5293.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The company has a market cap of $1.90 billion, a PE ratio of 20.76 and a beta of 1.04. The firm has a 50-day simple moving average of $246.83 and a two-hundred day simple moving average of $237.92.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter valued at approximately $38,000. Curio Wealth LLC lifted its stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 33,400.0% during the 2nd quarter. Curio Wealth LLC now owns 335 shares of the company’s stock worth $75,000 after purchasing an additional 334 shares during the period. CoreCap Advisors LLC lifted its stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 13.7% during the 3rd quarter. CoreCap Advisors LLC now owns 689 shares of the company’s stock worth $167,000 after purchasing an additional 83 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter worth $230,000. Finally, Flow Traders U.S. LLC grew its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% in the third quarter. Flow Traders U.S. LLC now owns 2,488 shares of the company’s stock valued at $603,000 after purchasing an additional 259 shares during the period.

About FlexShares Morningstar US Market Factor Tilt Index Fund

The FlexShares Morningstar US Market Factors Tilt Index Fund (TILT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a broad US index with a tilt toward small-cap and value segments. TILT was launched on Sep 16, 2011 and is managed by FlexShares.