FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Reaches New 52-Week High – Should You Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $91.47 and last traded at $91.14, with a volume of 7673 shares. The stock had previously closed at $90.54.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Price Performance

The stock’s 50-day moving average is $89.01 and its 200 day moving average is $85.82. The stock has a market cap of $583.30 million, a price-to-earnings ratio of 13.36 and a beta of 0.82.

Institutional Trading of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Hedge funds have recently modified their holdings of the business. Parallel Advisors LLC acquired a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter worth $30,000. Curio Wealth LLC boosted its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 38,500.0% during the 2nd quarter. Curio Wealth LLC now owns 386 shares of the company’s stock worth $32,000 after purchasing an additional 385 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 2nd quarter worth $220,000. CoreCap Advisors LLC grew its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.1% during the 3rd quarter. CoreCap Advisors LLC now owns 2,899 shares of the company’s stock worth $257,000 after purchasing an additional 358 shares during the period. Finally, Zions Bancorporation National Association UT purchased a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 1st quarter valued at about $275,000.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

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.