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

by · The Markets Daily

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $286.81 and last traded at $286.81, with a volume of 3343 shares. The stock had previously closed at $285.72.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The business’s 50 day simple moving average is $276.64 and its 200 day simple moving average is $263.74. The stock has a market cap of $2.18 billion, a P/E ratio of 20.76 and a beta of 1.04.

Hedge Funds Weigh In On FlexShares Morningstar US Market Factor Tilt Index Fund

A number of hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at $38,000. Ameriprise Financial Inc. bought a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at $230,000. Flow Traders U.S. LLC raised its stake 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 worth $603,000 after acquiring an additional 259 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake 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 worth $1,630,000 after acquiring an additional 226 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund during the fourth quarter worth $261,000.

FlexShares Morningstar US Market Factor Tilt Index Fund Company Profile

(Get Free Report)

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.

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