iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Trading 0.9% Higher – Here’s Why

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWFGet Free Report)’s stock price shot up 0.9% on Monday . The stock traded as high as $61.19 and last traded at $61.0798. Approximately 23,556 shares traded hands during mid-day trading, an increase of 199% from the average session volume of 7,867 shares. The stock had previously closed at $60.5109.

iShares MSCI Global Multifactor ETF Stock Up 0.9%

The stock has a market capitalization of $219.89 million, a P/E ratio of 10.81 and a beta of 0.93. The firm’s 50 day simple moving average is $60.15 and its two-hundred day simple moving average is $57.59.

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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