FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Reaches New 12-Month High – Still a Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILTGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $262.31 and last traded at $262.31, with a volume of 1046 shares trading hands. The stock had previously closed at $261.05.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 20.76 and a beta of 1.04. The stock’s 50 day simple moving average is $249.91 and its 200-day simple moving average is $249.09.

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

Institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. bought a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at approximately $38,000. CoreCap Advisors LLC raised its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 13.7% in the third quarter. CoreCap Advisors LLC now owns 689 shares of the company’s stock valued at $167,000 after purchasing an additional 83 shares during the period. Wealth Advisors of Tampa Bay LLC bought a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at approximately $228,000. Ameriprise Financial Inc. bought a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at approximately $230,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at approximately $261,000.

About FlexShares Morningstar US Market Factor Tilt Index Fund

(Get Free Report)

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.

Further Reading

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