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

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares 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 Price Performance

The stock has a market cap of $524.81 million, a price-to-earnings ratio of 11.64 and a beta of 0.82. The firm has a 50 day simple moving average of $70.11 and a two-hundred day simple moving average of $71.57.

Institutional Investors Weigh In On FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund

A hedge fund recently raised its stake in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund stock. Harbour Trust & Investment Management Co increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 6.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 127,899 shares of the company’s stock after buying an additional 8,087 shares during the quarter. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund accounts for about 1.1% of Harbour Trust & Investment Management Co’s portfolio, making the stock its 27th biggest holding. Harbour Trust & Investment Management Co owned about 1.73% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $9,592,000 at the end of the most recent reporting period.

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.