FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Large Volume Increase – Still a Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares saw an uptick in trading volume on Tuesday . Approximately 56,441 shares were traded during trading, an increase of 278% from the previous session’s volume of 14,935 shares.The stock last traded at $99.55 and had previously closed at $100.21.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Down 0.4%

The stock has a market cap of $658.42 million, a P/E ratio of 13.36 and a beta of 0.75. The firm has a 50 day simple moving average of $99.70 and a 200-day simple moving average of $97.73.

Hedge Funds Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Harbour Trust & Investment Management Co lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 4.2% during the 4th quarter. Harbour Trust & Investment Management Co now owns 137,781 shares of the company’s stock worth $12,776,000 after buying an additional 5,610 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the third quarter valued at approximately $6,444,000. JPMorgan Chase & Co. increased its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% during the third quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock worth $2,748,000 after purchasing an additional 16,591 shares during the period. Arlington Trust Co LLC acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 4th quarter worth approximately $1,596,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 8,503 shares of the company’s stock worth $789,000 after purchasing an additional 492 shares during the last quarter.

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.