FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Unusually-High Trading Volume – Here’s Why

Shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw unusually-strong trading volume on Friday . Approximately 60,147 shares were traded during mid-day trading, an increase of 437% from the previous session’s volume of 11,191 shares.The stock last traded at $88.7990 and had previously closed at $88.36.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Performance

The stock has a market cap of $568.45 million, a price-to-earnings ratio of 13.36 and a beta of 0.82. The company’s 50 day simple moving average is $88.67 and its 200 day simple moving average is $84.77.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sageworth Trust Co acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter worth approximately $3,965,000. LRI Investments LLC bought a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 1st quarter worth $1,978,000. JPMorgan Chase & Co. lifted its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% in the third quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock valued at $2,748,000 after buying an additional 16,591 shares during the period. Vestor Capital LLC bought a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter valued at about $656,000. Finally, Zions Bancorporation National Association UT bought a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the first quarter valued at about $275,000.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Company Profile

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.