FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 1-Year High – Here’s What Happened

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $277.39 and last traded at $277.39, with a volume of 132 shares traded. The stock had previously closed at $272.01.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Performance

The firm’s 50-day moving average is $264.61 and its 200 day moving average is $255.49. The firm has a market capitalization of $2.11 billion, a PE ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its holdings in FlexShares Morningstar US Market Factor Tilt Index Fund by 2.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 6,891 shares of the company’s stock valued at $1,714,000 after purchasing an additional 166 shares in the last quarter. Portland Global Advisors LLC purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at about $503,000. Wealth Advisors of Tampa Bay LLC purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at about $228,000. Valeo Financial Advisors LLC purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at about $261,000. Finally, Flow Traders U.S. LLC lifted its holdings in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 2,488 shares of the company’s stock valued at $603,000 after purchasing an additional 259 shares in the last quarter.

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.