iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Hits New 1-Year High – Still a Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $62.41 and last traded at $61.6780, with a volume of 438061 shares changing hands. The stock had previously closed at $61.78.

iShares U.S. Equity Factor Rotation Active ETF Price Performance

The firm has a market cap of $31.57 billion, a price-to-earnings ratio of 24.23 and a beta of 1.03. The firm’s 50 day moving average price is $61.14 and its two-hundred day moving average price is $59.48.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 7.0% during the fourth quarter. JPMorgan Chase & Co. now owns 24,492,775 shares of the company’s stock worth $1,489,406,000 after buying an additional 1,594,565 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in iShares U.S. Equity Factor Rotation Active ETF by 0.5% in the 4th quarter. First Command Advisory Services Inc. now owns 22,637,020 shares of the company’s stock valued at $1,376,557,000 after purchasing an additional 115,739 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.8% during the third quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock valued at $724,896,000 after purchasing an additional 3,227,607 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 1.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 4,787,660 shares of the company’s stock worth $291,138,000 after purchasing an additional 78,873 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings 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 purchasing an additional 287,555 shares in the last quarter.

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.