FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT) Trading Down 1.1% – What’s Next?

FlexShares Morningstar US Market Factor Tilt Index Fund (BATS:TILT)’s share price dropped 1.1% on Monday . The company traded as low as $218.06 and last traded at $218.62. Approximately 8,768 shares changed hands during mid-day trading, The stock had previously closed at $221.13.

FlexShares Morningstar US Market Factor Tilt Index Fund Stock Down 0.8 %

The stock has a fifty day moving average of $220.91 and a two-hundred day moving average of $211.14. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 18.69 and a beta of 1.06.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in FlexShares Morningstar US Market Factor Tilt Index Fund by 198.7% during the third quarter. JPMorgan Chase & Co. now owns 1,804 shares of the company’s stock worth $384,000 after purchasing an additional 1,200 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 20.1% during the 3rd quarter. Captrust Financial Advisors now owns 5,121 shares of the company’s stock worth $1,090,000 after buying an additional 858 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its position in shares of FlexShares Morningstar US Market Factor Tilt Index Fund by 588.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 7,327 shares of the company’s stock worth $1,559,000 after buying an additional 6,262 shares in the last quarter.

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.