FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 1-Year High – Still a Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $278.33 and last traded at $278.00, with a volume of 2395 shares trading hands. The stock had previously closed at $277.04.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The firm has a fifty day simple moving average of $272.89 and a 200-day simple moving average of $259.63. The firm has a market cap of $2.11 billion, a P/E ratio of 20.76 and a beta of 1.04.

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

A number of large investors have recently modified their holdings of TILT. Russell Investments Group Ltd. acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at $38,000. Wealth Advisors of Tampa Bay LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund during the fourth quarter worth $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 $230,000. 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 $261,000. Finally, Portland Global Advisors LLC acquired a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the fourth quarter valued at about $503,000.

FlexShares Morningstar US Market Factor Tilt Index Fund Company Profile

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.