iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Stock Price Down 1.1% – Here’s Why

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWFGet Free Report) fell 1.1% on Thursday . The company traded as low as $43.59 and last traded at $43.69. 2,269 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 7,867 shares. The stock had previously closed at $44.19.

iShares MSCI Global Multifactor ETF Price Performance

The firm has a market capitalization of $154.36 million, a PE ratio of 10.81 and a beta of 0.93. The company has a fifty day moving average of $44.53 and a 200-day moving average of $43.72.

About iShares MSCI Global Multifactor ETF

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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.

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