FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Shares Up 5.1% – Should You Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s stock price shot up 5.1% during mid-day trading on Tuesday . The stock traded as high as $215.07 and last traded at $225.89. 80,345 shares were traded during trading, an increase of 719% from the average session volume of 9,807 shares. The stock had previously closed at $214.99.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The business has a fifty day moving average price of $218.23 and a two-hundred day moving average price of $213.43. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 20.76 and a beta of 1.04.

Institutional Trading of FlexShares Morningstar US Market Factor Tilt Index Fund

A number of hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund during the first quarter worth approximately $641,000. Cornerstone Planning Group LLC boosted its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 406.7% during the first quarter. Cornerstone Planning Group LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 122 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund during the first quarter worth approximately $46,000. Finally, Integrated Wealth Concepts LLC boosted its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 17.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 6,320 shares of the company’s stock worth $1,365,000 after purchasing an additional 923 shares in 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.