FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Trading 1% Higher – Here’s What Happened

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) shares traded up 1% during mid-day trading on Thursday . The stock traded as high as $285.47 and last traded at $285.38. Approximately 1,424 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 8,700 shares. The stock had previously closed at $282.57.

FlexShares Morningstar US Market Factor Tilt Index Fund Trading Up 1.0%

The stock has a market capitalization of $2.17 billion, a P/E ratio of 20.76 and a beta of 1.04. The stock’s 50 day simple moving average is $279.83 and its 200 day simple moving average is $266.63.

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

A number of hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its stake in FlexShares Morningstar US Market Factor Tilt Index Fund by 2.5% during the fourth quarter. Integrated Wealth Concepts LLC now owns 6,891 shares of the company’s stock valued at $1,714,000 after buying an additional 166 shares in the last quarter. Portland Global Advisors LLC acquired a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter worth approximately $503,000. Flow Traders U.S. LLC grew its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 2,488 shares of the company’s stock worth $603,000 after acquiring an additional 259 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at approximately $230,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at approximately $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.