FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Hits New 52-Week High at $73.44

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $73.44 and last traded at $73.36, with a volume of 39482 shares trading hands. The stock had previously closed at $72.69.

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

The company has a market cap of $549.89 million, a PE ratio of 11.64 and a beta of 0.82. The firm has a fifty day simple moving average of $71.07 and a 200 day simple moving average of $70.75.

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. Comerica Bank lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3,987.4% in the 1st quarter. Comerica Bank now owns 7,439 shares of the company’s stock valued at $533,000 after purchasing an additional 7,257 shares in the last quarter. Whittier Trust Co. acquired a new position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund in the 2nd quarter valued at about $584,000. Park National Corp OH lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 3.7% in the 2nd quarter. Park National Corp OH now owns 11,902 shares of the company’s stock valued at $832,000 after purchasing an additional 425 shares in the last quarter. Bridges Investment Management Inc. lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 14.9% in 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. Finally, Harbour Trust & Investment Management Co lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 23.9% in the 1st quarter. Harbour Trust & Investment Management Co now owns 112,670 shares of the company’s stock valued at $8,074,000 after purchasing an additional 21,725 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.