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

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $255.97 and last traded at $256.4540, with a volume of 7857 shares changing hands. The stock had previously closed at $253.7945.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Performance

The stock has a market cap of $1.96 billion, a P/E ratio of 20.76 and a beta of 1.04. The firm’s 50-day moving average is $252.00 and its two-hundred day moving average is $243.73.

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

Institutional investors have recently modified their holdings of the stock. 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. Valeo Financial Advisors LLC purchased a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the fourth quarter worth about $261,000. Flow Traders U.S. LLC grew its holdings in shares of 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 purchasing an additional 259 shares during the period. Ameriprise Financial Inc. acquired a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter worth about $230,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter worth $38,000.

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.