FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sets New 1-Year High – Here’s Why

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $96.84 and last traded at $96.6960, with a volume of 2911 shares changing hands. The stock had previously closed at $95.85.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Trading Up 0.4%

The firm has a market capitalization of $621.57 million, a P/E ratio of 13.36 and a beta of 0.82. The stock has a 50 day simple moving average of $92.52 and a 200-day simple moving average of $89.11.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TLTD. Parallel Advisors LLC purchased a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 2nd quarter valued at approximately $30,000. Curio Wealth LLC increased its stake in 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 valued at $32,000 after purchasing an additional 385 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the fourth quarter worth $86,000. Captrust Financial Advisors acquired a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter worth $220,000. Finally, CoreCap Advisors LLC grew its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.1% during the third quarter. CoreCap Advisors LLC now owns 2,899 shares of the company’s stock valued at $257,000 after buying an additional 358 shares during the last quarter.

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.