iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) Shares Sold by Independent Wealth Network Inc.

Independent Wealth Network Inc. decreased its stake in shares of iShares MSCI Global Multifactor ETF (NYSEARCA:ACWF) by 4.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,752 shares of the company’s stock after selling 557 shares during the quarter. Independent Wealth Network Inc. owned about 0.35% of iShares MSCI Global Multifactor ETF worth $451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Flow Traders U.S. LLC lifted its position in iShares MSCI Global Multifactor ETF by 437.5% during the 1st quarter. Flow Traders U.S. LLC now owns 72,848 shares of the company’s stock worth $2,689,000 after acquiring an additional 59,294 shares during the period. Hsbc Holdings PLC increased its holdings in iShares MSCI Global Multifactor ETF by 45.4% in the 1st quarter. Hsbc Holdings PLC now owns 132,682 shares of the company’s stock worth $4,898,000 after buying an additional 41,437 shares during the period. Beacon Pointe Advisors LLC purchased a new position in iShares MSCI Global Multifactor ETF during the 1st quarter worth approximately $611,000. LPL Financial LLC lifted its stake in iShares MSCI Global Multifactor ETF by 5.6% during the 2nd quarter. LPL Financial LLC now owns 17,108 shares of the company’s stock valued at $531,000 after acquiring an additional 911 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of iShares MSCI Global Multifactor ETF in the 2nd quarter valued at $424,000.

iShares MSCI Global Multifactor ETF Stock Performance

Shares of iShares MSCI Global Multifactor ETF stock traded down $0.05 during trading on Tuesday, hitting $35.38. 10,338 shares of the company’s stock were exchanged, compared to its average volume of 7,867. The stock has a market capitalization of $127.36 million, a price-to-earnings ratio of 10.81 and a beta of 0.93. The business has a 50-day simple moving average of $35.49 and a 200-day simple moving average of $34.37. iShares MSCI Global Multifactor ETF has a 52-week low of $29.06 and a 52-week high of $37.85.

iShares MSCI Global Multifactor ETF 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.