FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Strong Trading Volume

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares saw unusually-strong trading volume on Thursday . Approximately 37,715 shares were traded during trading, an increase of 191% from the previous session’s volume of 12,981 shares.The stock last traded at $70.29 and had previously closed at $69.49.

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

The stock has a market capitalization of $520.96 million, a price-to-earnings ratio of 11.64 and a beta of 0.82. The company has a 50-day moving average of $70.25 and a 200-day moving average of $67.17.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Harbour Trust & Investment Management Co raised its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 23.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 112,670 shares of the company’s stock after acquiring an additional 21,725 shares during the period. Harbour Trust & Investment Management Co owned 1.52% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $8,074,000 at the end of the most recent reporting period.

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.