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

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $99.53 and last traded at $98.82, with a volume of 7949 shares changing hands. The stock had previously closed at $98.26.

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

The business’s 50-day moving average price is $94.09 and its two-hundred day moving average price is $89.96. The firm has a market cap of $632.45 million, a price-to-earnings ratio of 13.36 and a beta of 0.82.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Harbour Trust & Investment Management Co lifted its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.1% during the second quarter. Harbour Trust & Investment Management Co now owns 129,573 shares of the company’s stock worth $10,814,000 after purchasing an additional 1,381 shares during the last quarter. Curio Wealth LLC increased its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 38,500.0% in the second quarter. Curio Wealth LLC now owns 386 shares of the company’s stock valued at $32,000 after buying an additional 385 shares during the last quarter. JPMorgan Chase & Co. raised its stake in 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 in the last quarter. Vestor Capital LLC acquired a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter valued at approximately $656,000. Finally, Captrust Financial Advisors bought a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 2nd quarter worth approximately $220,000.

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.