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

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $93.81 and last traded at $92.73, with a volume of 16416 shares traded. The stock had previously closed at $93.36.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Price Performance

The stock’s 50-day moving average is $90.50 and its 200 day moving average is $87.61. The company has a market cap of $593.47 million, a PE ratio of 13.36 and a beta of 0.82.

Institutional Trading of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.2% during the second quarter. JPMorgan Chase & Co. now owns 14,373 shares of the company’s stock valued at $1,200,000 after buying an additional 171 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 19,060 shares of the company’s stock valued at $1,426,000 after purchasing an additional 345 shares during the period. CoreCap Advisors LLC raised its position in shares of 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 worth $257,000 after acquiring an additional 358 shares during the period. Parallel Advisors LLC purchased a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the second quarter valued at approximately $30,000. Finally, Curio Wealth LLC increased its holdings 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 acquiring an additional 385 shares in 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.