FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Sets New 12-Month High – Should You Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $250.48 and last traded at $251.3640, with a volume of 11121 shares trading hands. The stock had previously closed at $250.5293.

FlexShares Morningstar US Market Factor Tilt Index Fund Trading Up 0.7%

The stock has a 50 day simple moving average of $248.97 and a 200 day simple moving average of $241.11. The stock has a market cap of $1.92 billion, a P/E ratio of 20.76 and a beta of 1.04.

Hedge Funds Weigh In On FlexShares Morningstar US Market Factor Tilt Index Fund

A number of hedge funds have recently bought and sold shares of TILT. Russell Investments Group Ltd. bought a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter worth approximately $38,000. Curio Wealth LLC lifted its holdings in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 33,400.0% in the second quarter. Curio Wealth LLC now owns 335 shares of the company’s stock valued at $75,000 after purchasing an additional 334 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in FlexShares Morningstar US Market Factor Tilt Index Fund by 13.7% during the 3rd quarter. CoreCap Advisors LLC now owns 689 shares of the company’s stock worth $167,000 after acquiring an additional 83 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the second quarter worth about $230,000. Finally, Flow Traders U.S. LLC lifted its stake in FlexShares Morningstar US Market Factor Tilt Index Fund by 11.6% in 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.

About FlexShares Morningstar US Market Factor Tilt Index Fund

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.