iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 12-Month High – Should You Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $70.28 and last traded at $70.28, with a volume of 99087 shares trading hands. The stock had previously closed at $70.04.

iShares U.S. Equity Factor Rotation Active ETF Trading Up 0.2%

The business has a 50-day moving average of $67.53 and a 200 day moving average of $64.10. The firm has a market capitalization of $40.13 billion, a P/E ratio of 24.23 and a beta of 1.02.

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

Several hedge funds and other institutional investors have recently modified their holdings of DYNF. Ameriprise Financial Inc. boosted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.3% during the second quarter. Ameriprise Financial Inc. now owns 9,021,544 shares of the company’s stock valued at $491,331,000 after buying an additional 2,354,023 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares U.S. Equity Factor Rotation Active ETF by 7.0% in the 4th quarter. JPMorgan Chase & Co. now owns 24,492,775 shares of the company’s stock valued at $1,489,406,000 after buying an additional 1,594,565 shares during the last quarter. BlueStem Wealth Partners LLC bought a new position in iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter valued at $71,412,000. United Capital Financial Advisors LLC lifted its stake in iShares U.S. Equity Factor Rotation Active ETF by 18.0% during the 3rd quarter. United Capital Financial Advisors LLC now owns 2,059,852 shares of the company’s stock valued at $121,943,000 after acquiring an additional 314,721 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in iShares U.S. Equity Factor Rotation Active ETF by 7.7% during the 4th quarter. Bank of New York Mellon Corp now owns 4,024,819 shares of the company’s stock valued at $244,749,000 after acquiring an additional 287,555 shares in the last quarter.

About iShares U.S. Equity Factor Rotation Active ETF

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.