iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Shares Down 1.2% – Here’s What Happened

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) traded down 1.2% during trading on Monday . The company traded as low as $50.63 and last traded at $50.80. 53,519 shares were traded during mid-day trading, an increase of 580% from the average session volume of 7,867 shares. The stock had previously closed at $51.4047.

iShares MSCI Global Multifactor ETF Price Performance

The company has a market cap of $182.88 million, a price-to-earnings ratio of 10.81 and a beta of 0.93. The business’s 50-day simple moving average is $53.86 and its 200-day simple moving average is $52.84.

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.