iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Trading Down 0.4% – Here’s Why

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWFGet Free Report) shares fell 0.4% during trading on Friday . The stock traded as low as $52.73 and last traded at $52.7817. 5,403 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 7,867 shares. The stock had previously closed at $52.98.

iShares MSCI Global Multifactor ETF Price Performance

The company has a 50-day simple moving average of $52.40 and a 200-day simple moving average of $50.71. The stock has a market cap of $190.01 million, a PE ratio of 10.81 and a beta of 0.93.

About iShares MSCI Global Multifactor ETF

(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.

Further Reading

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