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) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $96.84 and last traded at $96.6960, with a volume of 2911 shares trading hands. The stock had previously closed at $95.85.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Up 0.9%

The stock has a market capitalization of $618.94 million, a PE ratio of 13.36 and a beta of 0.82. The firm’s fifty day moving average price is $92.25 and its two-hundred day moving average price is $88.95.

Hedge Funds Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Several hedge funds and other institutional investors have recently modified their holdings of TLTD. JPMorgan Chase & Co. grew its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.2% in the second quarter. JPMorgan Chase & Co. now owns 14,373 shares of the company’s stock worth $1,200,000 after acquiring an additional 171 shares during the period. CoreCap Advisors LLC lifted its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.1% in the third quarter. CoreCap Advisors LLC now owns 2,899 shares of the company’s stock valued at $257,000 after acquiring an additional 358 shares during the period. Parallel Advisors LLC purchased a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter worth about $30,000. Curio Wealth LLC grew its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 38,500.0% during the 2nd quarter. Curio Wealth LLC now owns 386 shares of the company’s stock valued at $32,000 after purchasing an additional 385 shares during the period. Finally, Integrated Wealth Concepts LLC increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock valued at $711,000 after purchasing an additional 404 shares during the last quarter.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Company Profile

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.