iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Hits New 1-Year High – Should You Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $64.65 and last traded at $64.53, with a volume of 2052823 shares changing hands. The stock had previously closed at $63.98.

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

The company’s 50-day moving average is $60.99 and its 200-day moving average is $60.84. The firm has a market cap of $34.61 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

Large investors have recently modified their holdings of the stock. Trust Co. of Vermont bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at approximately $25,000. Cedar Mountain Advisors LLC bought a new position in iShares U.S. Equity Factor Rotation Active ETF in the 3rd quarter worth approximately $25,000. Nemes Rush Group LLC bought a new position in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth approximately $27,000. Fortitude Family Office LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter worth $31,000. Finally, IFC & Insurance Marketing Inc. bought a new position in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter valued at $32,000.

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.