FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Hits New 52-Week High – Here’s Why

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares reached a new 52-week high on Monday . The company traded as high as $83.57 and last traded at $83.29, with a volume of 2323 shares traded. The stock had previously closed at $82.54.

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

The company’s 50-day moving average price is $78.40 and its 200 day moving average price is $74.33. The stock has a market capitalization of $514.04 million, a P/E ratio of 12.84 and a beta of 0.83.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LRI Investments LLC purchased a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 1st quarter worth approximately $1,978,000. Baird Financial Group Inc. grew its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 19,060 shares of the company’s stock worth $1,426,000 after acquiring an additional 345 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 36.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 7,127 shares of the company’s stock worth $491,000 after purchasing an additional 1,894 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 1st quarter worth $275,000. Finally, JPMorgan Chase & Co. raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 52.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,326 shares of the company’s stock valued at $91,000 after purchasing an additional 455 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.