iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Trading Up 0.3% – Time to Buy?

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWFGet Free Report) shot up 0.3% during mid-day trading on Monday . The company traded as high as $59.46 and last traded at $59.34. 21,125 shares were traded during trading, an increase of 169% from the average daily volume of 7,867 shares. The stock had previously closed at $59.1540.

iShares MSCI Global Multifactor ETF Stock Performance

The firm has a market capitalization of $213.19 million, a price-to-earnings ratio of 10.81 and a beta of 0.93. The company has a 50-day moving average price of $58.69 and a 200-day moving average price of $55.66.

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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