FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 52-Week High – Should You Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $263.72 and last traded at $263.72, with a volume of 1086 shares trading hands. The stock had previously closed at $260.90.

FlexShares Morningstar US Market Factor Tilt Index Fund Trading Up 1.3%

The company has a fifty day simple moving average of $250.71 and a 200-day simple moving average of $249.79. The company has a market capitalization of $2.01 billion, a PE ratio of 20.76 and a beta of 1.04.

Institutional Trading of FlexShares Morningstar US Market Factor Tilt Index Fund

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC grew its holdings in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 2.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,891 shares of the company’s stock worth $1,714,000 after purchasing an additional 166 shares during the period. Flow Traders U.S. LLC raised its holdings in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% in the 3rd 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. Valeo Financial Advisors LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at about $261,000. 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

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.