iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 52-Week High – Should You Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) hit a new 52-week high on Tuesday . The stock traded as high as $68.18 and last traded at $68.07, with a volume of 2043928 shares. The stock had previously closed at $67.44.

iShares U.S. Equity Factor Rotation Active ETF Trading Up 0.8%

The company has a market capitalization of $36.10 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02. The firm’s 50 day simple moving average is $66.05 and its 200-day simple moving average is $62.55.

Institutional Investors Weigh In On iShares U.S. Equity Factor Rotation Active ETF

Hedge funds have recently added to or reduced their stakes in the company. Trust Co. of Vermont purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter valued at approximately $25,000. Nemes Rush Group LLC acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter valued at approximately $27,000. Fortitude Family Office LLC purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter valued at approximately $31,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter valued at approximately $32,000. Finally, Bank of Jackson Hole Trust acquired a new position in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth $35,000.

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.