FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Reaches New 52-Week High – Time to Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) shares reached a new 52-week high on Monday . The stock traded as high as $279.76 and last traded at $279.67, with a volume of 1395 shares. The stock had previously closed at $277.01.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Up 1.7%

The business’s 50 day simple moving average is $274.86 and its two-hundred day simple moving average is $262.02. The stock has a market capitalization of $2.17 billion, a P/E ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

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