FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Reaches New 52-Week High – Should You Buy?

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $286.81 and last traded at $286.81, with a volume of 3343 shares trading hands. The stock had previously closed at $285.72.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Performance

The stock has a fifty day moving average of $276.06 and a 200 day moving average of $263.33. The company has a market capitalization of $2.18 billion, a P/E ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter valued at about $38,000. Ameriprise Financial Inc. bought a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter worth approximately $230,000. Flow Traders U.S. LLC raised its stake in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% during 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 during the period. Integrated Wealth Concepts LLC lifted its holdings in FlexShares Morningstar US Market Factor Tilt Index Fund by 3.5% during the third quarter. Integrated Wealth Concepts LLC now owns 6,725 shares of the company’s stock valued at $1,630,000 after purchasing an additional 226 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund during the fourth 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.