iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 52-Week High – Time to Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $61.82 and last traded at $61.46, with a volume of 1194273 shares trading hands. The stock had previously closed at $61.67.

iShares U.S. Equity Factor Rotation Active ETF Stock Down 0.6%

The business has a 50-day moving average price of $60.41 and a 200-day moving average price of $57.88. The firm has a market capitalization of $29.13 billion, a PE ratio of 24.23 and a beta of 1.03.

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

Several large investors have recently bought and sold shares of the stock. First Command Advisory Services Inc. acquired a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the 3rd quarter worth $1,333,260,000. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 16.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,898,210 shares of the company’s stock valued at $1,355,574,000 after purchasing an additional 3,242,172 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock valued at $724,896,000 after acquiring an additional 3,227,607 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 27.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,737,264 shares of the company’s stock valued at $221,246,000 after buying an additional 794,487 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 16.9% in the third quarter. Janney Montgomery Scott LLC now owns 4,708,787 shares of the company’s stock worth $278,760,000 after acquiring an additional 682,109 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.