FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Reaches New 1-Year High – Time to Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $273.70 and last traded at $273.41, with a volume of 13592 shares changing hands. The stock had previously closed at $273.52.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Down 0.0%

The company has a fifty day simple moving average of $256.97 and a 200-day simple moving average of $252.89. The firm has a market cap of $2.08 billion, a P/E ratio of 20.76 and a beta of 1.04.

Hedge Funds Weigh In On FlexShares Morningstar US Market Factor Tilt Index Fund

Large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC lifted its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 2.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 6,891 shares of the company’s stock valued at $1,714,000 after acquiring an additional 166 shares in the last quarter. Portland Global Advisors LLC purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at about $503,000. Flow Traders U.S. LLC lifted 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 acquiring an additional 259 shares in the last quarter. Ameriprise Financial Inc. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at about $230,000. Finally, Russell Investments Group Ltd. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at about $38,000.

FlexShares Morningstar US Market Factor Tilt Index Fund Company Profile

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.