FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Sets New 12-Month High – Should You Buy?

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) reached a new 52-week high on Friday . The stock traded as high as $272.10 and last traded at $271.89, with a volume of 6282 shares traded. The stock had previously closed at $270.06.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Up 0.7%

The company has a 50-day simple moving average of $254.81 and a two-hundred day simple moving average of $252.10. The firm has a market cap of $2.07 billion, a PE ratio of 20.76 and a beta of 1.04.

Institutional Trading of FlexShares Morningstar US Market Factor Tilt Index Fund

Several hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its stake in shares of 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. Russell Investments Group Ltd. bought a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at $38,000. Flow Traders U.S. LLC raised its stake in shares of 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. Wealth Advisors of Tampa Bay LLC bought a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter valued at $228,000. Finally, Ameriprise Financial Inc. bought a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at $230,000.

FlexShares Morningstar US Market Factor Tilt Index Fund Company Profile

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.