FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Stock Price Up 3.6% – Time to Buy?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s share price rose 3.6% during mid-day trading on Friday . The company traded as high as $228.09 and last traded at $236.60. Approximately 874 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 9,813 shares. The stock had previously closed at $228.27.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The stock has a 50-day simple moving average of $237.32 and a 200-day simple moving average of $221.13. The stock has a market cap of $1.80 billion, a P/E ratio of 20.76 and a beta of 1.04.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC boosted its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 406.7% in 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 during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter valued at $38,000. Golden State Wealth Management LLC purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 1st quarter valued at $46,000. Curio Wealth LLC lifted its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 33,400.0% during the 2nd quarter. Curio Wealth LLC now owns 335 shares of the company’s stock valued at $75,000 after buying an additional 334 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 2nd quarter valued at $230,000.

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.