FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) Trading Down 0.5% – Here’s Why

Shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) fell 0.5% during mid-day trading on Thursday . The stock traded as low as $74.55 and last traded at $74.75. 50,505 shares were traded during trading, an increase of 270% from the average session volume of 13,640 shares. The stock had previously closed at $75.13.

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

The company’s 50-day simple moving average is $72.27 and its 200-day simple moving average is $72.07. The stock has a market capitalization of $471.94 million, a price-to-earnings ratio of 13.00 and a beta of 0.92.

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

Hedge funds have recently bought and sold shares of the stock. Curio Wealth LLC acquired a new stake in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund during the 4th quarter worth $28,000. JPMorgan Chase & Co. increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 52.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,326 shares of the company’s stock worth $91,000 after purchasing an additional 455 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of 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 during the period. Finally, Harbour Trust & Investment Management Co increased its position in shares of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund by 2.4% in the fourth quarter. Harbour Trust & Investment Management Co now owns 130,924 shares of the company’s stock worth $9,019,000 after purchasing an additional 3,025 shares during the period.

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.