iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 12-Month High – Still a Buy?

Shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $61.98 and last traded at $61.93, with a volume of 526619 shares trading hands. The stock had previously closed at $61.51.

iShares U.S. Equity Factor Rotation Active ETF Trading Down 1.2%

The firm has a market capitalization of $31.65 billion, a PE ratio of 24.23 and a beta of 1.03. The firm has a 50 day simple moving average of $61.08 and a 200 day simple moving average of $59.28.

Hedge Funds Weigh In On iShares U.S. Equity Factor Rotation Active ETF

A number of hedge funds have recently bought and sold shares of the business. Cedar Mountain Advisors LLC bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the third quarter worth approximately $25,000. Trust Co. of Vermont bought a new stake in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at approximately $25,000. Fortitude Family Office LLC purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at approximately $31,000. Bogart Wealth LLC bought a new position in iShares U.S. Equity Factor Rotation Active ETF in the second quarter worth approximately $43,000. Finally, Root Financial Partners LLC purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the 3rd quarter worth $43,000.

iShares U.S. Equity Factor Rotation Active ETF Company Profile

The BlackRock U.S. Equity Factor Rotation ETF (DYNF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of large- and mid-cap US stocks that uses five equity style factors. DYNF was launched on Mar 19, 2019 and is managed by BlackRock.