FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Shares Climb 0.7% – Here’s Why

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) rose 0.7% on Tuesday. The stock traded as high as $100.47 and last traded at $100.26. Approximately 6,782 shares traded hands during trading, a decline of 40% from the average daily volume of 11,335 shares. The stock had previously closed at $99.53.

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

The firm has a fifty day simple moving average of $102.64 and a two-hundred day simple moving average of $100.70. The firm has a market capitalization of $661.72 million, a P/E ratio of 13.36 and a beta of 0.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Greenleaf Trust purchased a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 15,284 shares of the company’s stock, valued at approximately $1,330,000. Greenleaf Trust owned 0.23% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund as of its most recent filing with the SEC.

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.