FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 12-Month High – Here’s What Happened

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) reached a new 52-week high during trading on Friday . The company traded as high as $277.85 and last traded at $277.85, with a volume of 2122 shares traded. The stock had previously closed at $276.82.

FlexShares Morningstar US Market Factor Tilt Index Fund Trading Up 0.4%

The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 20.76 and a beta of 1.04. The firm’s 50-day moving average is $271.90 and its two-hundred day moving average is $258.90.

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

Hedge funds have recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter worth about $38,000. Ameriprise Financial Inc. acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at about $230,000. Flow Traders U.S. LLC grew its stake 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 valued at $603,000 after buying an additional 259 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 3.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,725 shares of the company’s stock worth $1,630,000 after buying an additional 226 shares during the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 4th quarter valued at approximately $261,000.

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.