iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Trading Up 1% – Still a Buy?

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWFGet Free Report) shot up 1% during mid-day trading on Monday . The company traded as high as $58.57 and last traded at $58.54. 27,951 shares changed hands during mid-day trading, an increase of 255% from the average session volume of 7,867 shares. The stock had previously closed at $57.9850.

iShares MSCI Global Multifactor ETF Stock Performance

The firm has a market cap of $210.74 million, a P/E ratio of 10.81 and a beta of 0.93. The business’s fifty day moving average is $54.24 and its 200-day moving average is $53.56.

iShares MSCI Global Multifactor ETF Company Profile

(Get Free Report)

The iShares MSCI Global Multifactor ETF (ACWF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global equities. Stocks are selected and weighted to increase exposure to 4 factors (quality, value, momentum and small size) while maintaining similar characteristics to the MSCI ACWI Index. ACWF was launched on Apr 28, 2015 and is managed by BlackRock.

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