iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 12-Month High – Time to Buy?

Shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $61.85 and last traded at $61.8060, with a volume of 797922 shares trading hands. The stock had previously closed at $61.25.

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

The company has a market capitalization of $32.16 billion, a P/E ratio of 24.23 and a beta of 1.03. The company has a 50 day moving average of $60.75 and a 200-day moving average of $58.98.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 22,898,210 shares of the company’s stock valued at $1,355,574,000 after buying an additional 3,242,172 shares during the period. First Command Advisory Services Inc. purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the 3rd quarter worth approximately $1,333,260,000. Ameriprise Financial Inc. raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock worth $724,896,000 after acquiring an additional 3,227,607 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 16.9% in the 3rd 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. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 27.0% in 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 purchasing an additional 794,487 shares during the period.

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.