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

Shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) saw strong trading volume on Tuesday . 65,072 shares were traded during mid-day trading, an increase of 252% from the previous session’s volume of 18,470 shares.The stock last traded at $70.31 and had previously closed at $69.20.

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

The firm’s fifty day simple moving average is $70.09 and its 200 day simple moving average is $71.58. The stock has a market capitalization of $523.32 million, a P/E ratio of 11.64 and a beta of 0.82.

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

An institutional investor recently raised its position in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Harbour Trust & Investment Management Co lifted its stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 127,899 shares of the company’s stock after buying an additional 8,087 shares during the period. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund comprises approximately 1.1% of Harbour Trust & Investment Management Co’s investment portfolio, making the stock its 27th biggest position. Harbour Trust & Investment Management Co owned approximately 1.73% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $9,592,000 as of its most recent filing with the SEC.

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.