FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 1-Year High – Still a Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) shares hit a new 52-week high during trading on Thursday . The company traded as high as $278.33 and last traded at $278.00, with a volume of 2395 shares changing hands. The stock had previously closed at $277.04.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Performance

The stock has a fifty day simple moving average of $272.89 and a two-hundred day simple moving average of $259.63. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 20.76 and a beta of 1.04.

Institutional Investors Weigh In On FlexShares Morningstar US Market Factor Tilt Index Fund

Hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC lifted its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 2.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 6,891 shares of the company’s stock valued at $1,714,000 after acquiring an additional 166 shares during the period. Russell Investments Group Ltd. acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter worth $38,000. Flow Traders U.S. LLC grew its holdings in 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 worth $603,000 after purchasing an additional 259 shares during the period. Wealth Advisors of Tampa Bay LLC bought a new stake in 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 FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter valued at $230,000.

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.