FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Trading Up 1.1% – Should You Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s share price shot up 1.1% during trading on Monday . The company traded as high as $253.87 and last traded at $253.87. 1,995 shares changed hands during trading, a decline of 78% from the average session volume of 9,122 shares. The stock had previously closed at $251.11.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Performance

The company’s fifty day moving average is $249.21 and its two-hundred day moving average is $248.32. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TILT. Portland Global Advisors LLC acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the 4th quarter worth about $503,000. Valeo Financial Advisors LLC acquired a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at about $261,000. Ameriprise Financial Inc. acquired a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at about $230,000. Wealth Advisors of Tampa Bay LLC acquired a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at about $228,000. Finally, Flow Traders U.S. LLC lifted its holdings in shares of 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.

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.