FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Hits New 52-Week High – Still a Buy?

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $272.10 and last traded at $271.89, with a volume of 6282 shares trading hands. The stock had previously closed at $270.06.

FlexShares Morningstar US Market Factor Tilt Index Fund Trading Up 0.5%

The business has a 50 day moving average of $255.27 and a 200-day moving average of $252.23. The stock has a market cap of $2.06 billion, a PE ratio of 20.76 and a beta of 1.04.

Institutional Investors Weigh In On FlexShares Morningstar US Market Factor Tilt Index Fund

A number of hedge funds and other institutional investors have recently modified their holdings of TILT. Russell Investments Group Ltd. purchased a new stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter worth about $38,000. Wealth Advisors of Tampa Bay LLC purchased a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter worth approximately $228,000. Ameriprise Financial Inc. acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 2nd quarter valued at $230,000. Valeo Financial Advisors LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at $261,000. Finally, Portland Global Advisors LLC acquired a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the 4th quarter valued at $503,000.

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.