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

Shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $68.18 and last traded at $68.07, with a volume of 2043928 shares traded. The stock had previously closed at $67.44.

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

The stock has a market cap of $37.36 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02. The company’s 50 day simple moving average is $66.22 and its two-hundred day simple moving average is $62.64.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Trust Co. of Vermont purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth $25,000. Nemes Rush Group LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth about $27,000. Fortitude Family Office LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth about $31,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter worth about $32,000. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter valued at about $35,000.

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.