FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sets New 52-Week High – Still a Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $102.19 and last traded at $101.54, with a volume of 10934 shares traded. The stock had previously closed at $101.01.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Down 1.0%

The company has a market cap of $647.55 million, a price-to-earnings ratio of 13.36 and a beta of 0.82. The business has a 50-day simple moving average of $95.22 and a two-hundred day simple moving average of $90.57.

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

Large investors have recently added to or reduced their stakes in the stock. Harbour Trust & Investment Management Co raised its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 4.2% in the fourth quarter. Harbour Trust & Investment Management Co now owns 137,781 shares of the company’s stock valued at $12,776,000 after purchasing an additional 5,610 shares during the period. Flow Traders U.S. LLC acquired a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 3rd quarter valued at $6,444,000. JPMorgan Chase & Co. raised its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock worth $2,748,000 after acquiring an additional 16,591 shares during the period. Arlington Trust Co LLC bought a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 4th quarter worth $1,596,000. Finally, Integrated Wealth Concepts LLC lifted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock worth $711,000 after acquiring an additional 404 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.