FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Sets New 52-Week High – Still a Buy?

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $105.07 and last traded at $105.02, with a volume of 323 shares traded. The stock had previously closed at $104.28.

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

The stock’s fifty day simple moving average is $100.03 and its two-hundred day simple moving average is $99.02. The stock has a market capitalization of $691.41 million, a P/E ratio of 13.36 and a beta of 0.75.

Institutional Trading of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

Institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC increased its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 6.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 8,503 shares of the company’s stock valued at $789,000 after purchasing an additional 492 shares during the period. JPMorgan Chase & Co. lifted its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 115.4% during 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. Vestor Capital LLC lifted its holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 238.0% during the 4th quarter. Vestor Capital LLC now owns 1,646 shares of the company’s stock worth $153,000 after buying an additional 1,159 shares during the period. Farther Finance Advisors LLC acquired a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 4th quarter worth about $86,000. Finally, BOKF NA grew its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 266.0% in the 3rd quarter. BOKF NA now owns 6,174 shares of the company’s stock valued at $548,000 after buying an additional 4,487 shares during the last quarter.

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund Company Profile

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.