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

FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) shares saw strong trading volume on Tuesday . 65,072 shares changed hands during 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 Up 1.8 %

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

Institutional Trading of 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 holdings in FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund (NYSEARCA:TLTD) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,899 shares of the company’s stock after purchasing an additional 8,087 shares during the quarter. FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund accounts for approximately 1.1% of Harbour Trust & Investment Management Co’s investment portfolio, making the stock its 27th biggest holding. Harbour Trust & Investment Management Co owned 1.73% of FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund worth $9,592,000 at the end of the most recent quarter.

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.