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

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $273.70 and last traded at $273.41, with a volume of 13592 shares trading hands. The stock had previously closed at $273.52.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The business has a 50-day simple moving average of $256.97 and a 200-day simple moving average of $252.89. The firm has a market capitalization of $2.08 billion, a PE ratio of 20.76 and a beta of 1.04.

Institutional Investors Weigh In On FlexShares Morningstar US Market Factor Tilt Index Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TILT. Russell Investments Group Ltd. purchased a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter valued at approximately $38,000. Ameriprise Financial Inc. purchased a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter valued at approximately $230,000. Flow Traders U.S. LLC raised its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% during the third quarter. Flow Traders U.S. LLC now owns 2,488 shares of the company’s stock valued at $603,000 after purchasing an additional 259 shares during the period. Integrated Wealth Concepts LLC raised its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 3.5% during the third quarter. Integrated Wealth Concepts LLC now owns 6,725 shares of the company’s stock valued at $1,630,000 after purchasing an additional 226 shares during the period. Finally, Valeo Financial Advisors LLC purchased a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the fourth quarter valued at approximately $261,000.

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.