FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Trading Down 0.6%

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) shares dropped 0.6% on Tuesday . The stock traded as low as $188.00 and last traded at $188.00. Approximately 2,751 shares were traded during mid-day trading, The stock had previously closed at $189.10.

FlexShares Morningstar US Market Factor Tilt Index Fund Price Performance

The firm has a market cap of $1.52 billion, a P/E ratio of 18.71 and a beta of 1.06. The firm has a fifty day simple moving average of $192.22 and a 200-day simple moving average of $179.62.

Institutional Trading of FlexShares Morningstar US Market Factor Tilt Index Fund

Large investors have recently added to or reduced their stakes in the stock. Baird Financial Group Inc. purchased a new position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund during the 4th quarter worth approximately $270,000. TIAA Trust National Association purchased a new stake in FlexShares Morningstar US Market Factor Tilt Index Fund in the third quarter worth $691,000. Comerica Bank bought a new position in FlexShares Morningstar US Market Factor Tilt Index Fund in the fourth quarter worth $4,587,000. Finally, Captrust Financial Advisors purchased a new position in FlexShares Morningstar US Market Factor Tilt Index Fund during the second quarter valued at $31,184,000.

About FlexShares Morningstar US Market Factor Tilt Index Fund

The FlexShares Morningstar US Market Factors Tilt Index Fund (TILT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a broad US index with a tilt toward small-cap and value segments. TILT was launched on Sep 16, 2011 and is managed by FlexShares.