FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Hits New 12-Month High – Should You Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD)’s stock 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 Trading Up 0.5%

The stock has a market capitalization of $612.26 million, a price-to-earnings ratio of 13.36 and a beta of 0.82. The stock has a 50-day simple moving average of $91.22 and a 200 day simple moving average of $88.30.

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 added to or reduced their stakes in the stock. Parallel Advisors LLC acquired a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter worth $30,000. Sageworth Trust Co purchased a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at about $3,965,000. Harbour Trust & Investment Management Co grew its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.1% in the second quarter. Harbour Trust & Investment Management Co now owns 129,573 shares of the company’s stock valued at $10,814,000 after purchasing an additional 1,381 shares in the last quarter. Curio Wealth LLC increased its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 38,500.0% in the 2nd quarter. Curio Wealth LLC now owns 386 shares of the company’s stock worth $32,000 after purchasing an additional 385 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,373 shares of the company’s stock worth $1,200,000 after purchasing an additional 171 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.