FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 52-Week High – Time to Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $250.48 and last traded at $254.55, with a volume of 11121 shares traded. The stock had previously closed at $250.5293.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Up 1.8%

The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 20.76 and a beta of 1.04. The business has a 50-day simple moving average of $247.73 and a two-hundred day simple moving average of $239.82.

Institutional Trading of FlexShares Morningstar US Market Factor Tilt Index Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC increased its holdings in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 3.5% in the third quarter. Integrated Wealth Concepts LLC now owns 6,725 shares of the company’s stock valued at $1,630,000 after buying an additional 226 shares in the last quarter. Flow Traders U.S. LLC raised its position in shares of 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 worth $603,000 after purchasing an additional 259 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 13.7% during the third quarter. CoreCap Advisors LLC now owns 689 shares of the company’s stock valued at $167,000 after purchasing an additional 83 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter worth about $230,000. Finally, Russell Investments Group Ltd. acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter worth about $38,000.

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.