iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 52-Week High – Should You 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 Tuesday . The company traded as high as $62.46 and last traded at $62.46, with a volume of 1741731 shares. The stock had previously closed at $61.70.

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

The business’s 50 day moving average price is $60.20 and its 200-day moving average price is $60.35. The firm has a market capitalization of $32.88 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02.

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

A number of large investors have recently made changes to their positions in the stock. Team Financial Group LLC increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 11.2% in the 3rd quarter. Team Financial Group LLC now owns 2,671 shares of the company’s stock valued at $158,000 after purchasing an additional 268 shares in the last quarter. Roxbury Financial LLC increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.1% in the 4th quarter. Roxbury Financial LLC now owns 13,810 shares of the company’s stock valued at $840,000 after purchasing an additional 289 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 1.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 30,350 shares of the company’s stock valued at $1,797,000 after purchasing an additional 376 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter valued at about $25,000. Finally, Cedar Mountain Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the 3rd quarter valued at about $25,000.

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.