iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Shares Down 0.5% – Here’s Why

iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF)’s share price were down 0.5% on Thursday . The company traded as low as $43.37 and last traded at $43.37. Approximately 6,156 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 7,867 shares. The stock had previously closed at $43.57.

iShares MSCI Global Multifactor ETF Stock Down 0.5 %

The firm has a fifty day moving average of $43.35 and a 200-day moving average of $42.34. The firm has a market cap of $156.12 million, a P/E ratio of 10.81 and a beta of 0.93.

About iShares MSCI Global Multifactor ETF

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.