iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 12-Month High – Should You Buy?

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

iShares U.S. Equity Factor Rotation Active ETF Trading Up 0.4%

The company’s 50-day moving average price is $61.13 and its two-hundred day moving average price is $59.46. The company has a market cap of $32.34 billion, a P/E ratio of 24.23 and a beta of 1.03.

Institutional Investors Weigh In On iShares U.S. Equity Factor Rotation Active ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Team Financial Group LLC lifted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 11.2% during the third 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 during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in iShares U.S. Equity Factor Rotation Active ETF by 2.5% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 11,015 shares of the company’s stock valued at $600,000 after buying an additional 273 shares in the last quarter. Roxbury Financial LLC boosted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.1% in the fourth quarter. Roxbury Financial LLC now owns 13,810 shares of the company’s stock worth $840,000 after buying an additional 289 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 1.3% in the third quarter. EverSource Wealth Advisors LLC now owns 30,350 shares of the company’s stock worth $1,797,000 after acquiring an additional 376 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at approximately $25,000.

About iShares U.S. Equity Factor Rotation Active ETF

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.