FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Sets New 12-Month High – Here’s Why

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) hit a new 52-week high on Monday . The stock traded as high as $255.97 and last traded at $256.4540, with a volume of 7857 shares changing hands. The stock had previously closed at $253.7945.

FlexShares Morningstar US Market Factor Tilt Index Fund Trading Up 1.6%

The company’s fifty day moving average is $252.00 and its 200 day moving average is $243.73. The company has a market cap of $1.96 billion, a P/E ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Valeo Financial Advisors LLC acquired a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the 4th quarter worth $261,000. Ameriprise Financial Inc. acquired a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter worth approximately $230,000. Curio Wealth LLC boosted its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 33,400.0% in the 2nd quarter. Curio Wealth LLC now owns 335 shares of the company’s stock valued at $75,000 after purchasing an additional 334 shares during the period. Flow Traders U.S. LLC boosted its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% during the third 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 during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in FlexShares Morningstar US Market Factor Tilt Index Fund by 3.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,725 shares of the company’s stock worth $1,630,000 after acquiring an additional 226 shares during the period.

FlexShares Morningstar US Market Factor Tilt Index Fund Company Profile

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.