FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Trading 1.4% Higher – Time to Buy?

Shares of FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) were up 1.4% during trading on Monday . The company traded as high as $243.80 and last traded at $242.14. Approximately 9,780 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 10,614 shares. The stock had previously closed at $238.77.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Performance

The company’s 50-day moving average price is $252.23 and its two-hundred day moving average price is $247.80. The stock has a market cap of $1.84 billion, a PE ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TILT. Russell Investments Group Ltd. bought a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter worth about $38,000. CoreCap Advisors LLC increased its position in shares of 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 valued at $167,000 after purchasing an additional 83 shares during the last quarter. 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 about $228,000. Ameriprise Financial Inc. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter valued at about $230,000. Finally, Valeo Financial Advisors LLC purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 4th quarter valued at about $261,000.

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.