FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sets New 12-Month High – Time to Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD)’s share price reached a new 52-week high on Monday . The stock traded as high as $95.69 and last traded at $95.67, with a volume of 459 shares trading hands. The stock had previously closed at $95.17.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Down 0.1%

The business’s 50 day moving average is $91.50 and its 200 day moving average is $88.48. The company has a market cap of $611.94 million, a P/E ratio of 13.36 and a beta of 0.82.

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 made changes to their positions in TLTD. Flow Traders U.S. LLC purchased a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 3rd quarter worth approximately $6,444,000. Sageworth Trust Co acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 2nd quarter valued at about $3,965,000. JPMorgan Chase & Co. boosted its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock worth $2,748,000 after purchasing an additional 16,591 shares during the last quarter. Vestor Capital LLC purchased a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at approximately $656,000. Finally, BOKF NA lifted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 266.0% during the third quarter. BOKF NA now owns 6,174 shares of the company’s stock worth $548,000 after buying an additional 4,487 shares in 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.