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

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILTGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $270.02 and last traded at $269.21, with a volume of 5697 shares changing hands. The stock had previously closed at $269.20.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Up 0.3%

The firm has a fifty day moving average of $252.61 and a 200-day moving average of $251.19. The firm has a market cap of $2.05 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

Hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its stake in FlexShares Morningstar US Market Factor Tilt Index Fund by 2.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 6,891 shares of the company’s stock valued at $1,714,000 after buying an additional 166 shares during the period. Flow Traders U.S. LLC lifted its stake in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% in the third quarter. Flow Traders U.S. LLC now owns 2,488 shares of the company’s stock valued at $603,000 after buying an additional 259 shares during the period. Portland Global Advisors LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at about $503,000. Wealth Advisors of Tampa Bay LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at about $228,000. Finally, Ameriprise Financial Inc. acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at about $230,000.

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.

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