FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sees Strong Trading Volume

Shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw an uptick in trading volume on Tuesday . 32,917 shares were traded during trading, an increase of 112% from the previous session’s volume of 15,505 shares.The stock last traded at $69.82 and had previously closed at $69.40.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Stock Performance

The firm has a market capitalization of $519.33 million, a price-to-earnings ratio of 11.64 and a beta of 0.82. The firm’s 50-day moving average price is $71.03 and its two-hundred day moving average price is $70.49.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Harbour Trust & Investment Management Co lifted its holdings in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 23.9% during the first quarter. Harbour Trust & Investment Management Co now owns 112,670 shares of the company’s stock valued at $8,074,000 after acquiring an additional 21,725 shares during the period. Comerica Bank boosted its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3,987.4% in the first quarter. Comerica Bank now owns 7,439 shares of the company’s stock valued at $533,000 after buying an additional 7,257 shares in the last quarter. Park National Corp OH raised its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3.7% in the second quarter. Park National Corp OH now owns 11,902 shares of the company’s stock valued at $832,000 after acquiring an additional 425 shares during the last quarter. Whittier Trust Co. bought a new stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 2nd quarter worth approximately $584,000. Finally, Bridges Investment Management Inc. increased its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.9% during the 2nd quarter. Bridges Investment Management Inc. now owns 19,523 shares of the company’s stock valued at $1,365,000 after purchasing an additional 2,530 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.