iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Shares Up 1.4% – What’s Next?

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) shares shot up 1.4% during mid-day trading on Monday . The company traded as high as $56.9899 and last traded at $56.8617. 5,829 shares changed hands during trading, a decline of 26% from the average session volume of 7,867 shares. The stock had previously closed at $56.10.

iShares MSCI Global Multifactor ETF Price Performance

The company has a market cap of $202.20 million, a price-to-earnings ratio of 10.81 and a beta of 0.93. The business’s 50-day simple moving average is $53.81 and its 200-day simple moving average is $53.12.

iShares MSCI Global Multifactor ETF Company Profile

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.