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

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNFGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $70.28 and last traded at $70.28, with a volume of 99087 shares changing hands. The stock had previously closed at $70.04.

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

The business has a 50-day simple moving average of $67.66 and a 200 day simple moving average of $64.21. The firm has a market cap of $40.15 billion, a PE ratio of 24.23 and a beta of 1.02.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Nemes Rush Group LLC bought a new stake in iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter worth approximately $27,000. Sound Income Strategies LLC boosted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.1% in the first quarter. Sound Income Strategies LLC now owns 23,229 shares of the company’s stock worth $1,364,000 after purchasing an additional 476 shares during the period. IFC & Insurance Marketing Inc. bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter worth approximately $32,000. Bank of Jackson Hole Trust purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter worth $35,000. Finally, Roxbury Financial LLC increased its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 5.0% in the first quarter. Roxbury Financial LLC now owns 14,497 shares of the company’s stock worth $843,000 after purchasing an additional 687 shares in the last quarter.

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

(Get Free Report)

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.

Further Reading

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