FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Reaches New 52-Week High – What’s Next?

Shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) hit a new 52-week high on Wednesday . The stock traded as high as $93.81 and last traded at $92.73, with a volume of 16416 shares trading hands. The stock had previously closed at $93.36.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Down 0.7%

The firm’s fifty day moving average price is $90.64 and its 200-day moving average price is $87.68. The stock has a market cap of $593.47 million, a P/E ratio of 13.36 and a beta of 0.82.

Hedge Funds Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC grew its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 5.3% in the third quarter. Integrated Wealth Concepts LLC now owns 8,011 shares of the company’s stock worth $711,000 after purchasing an additional 404 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,964 shares of the company’s stock worth $2,748,000 after buying an additional 16,591 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 3rd quarter worth approximately $6,444,000. Captrust Financial Advisors purchased a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the second quarter valued at approximately $220,000. Finally, Baird Financial Group Inc. raised its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.8% during the first quarter. Baird Financial Group Inc. now owns 19,060 shares of the company’s stock valued at $1,426,000 after acquiring an additional 345 shares in the last quarter.

About FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

The FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (TLTD) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of equities from developed countries outside the US. The index favors smaller, value-oriented firms. TLTD was launched on Sep 28, 2012 and is managed by FlexShares.