iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 52-Week High – Here’s Why

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s stock price hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $70.51 and last traded at $70.3180, with a volume of 1928108 shares trading hands. The stock had previously closed at $69.97.

iShares U.S. Equity Factor Rotation Active ETF Stock Up 0.5%

The company has a market capitalization of $42.50 billion, a PE ratio of 24.23 and a beta of 1.02. The business has a 50 day simple moving average of $69.27 and a 200 day simple moving average of $66.33.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Global Wealth Strategies & Associates boosted its stake in iShares U.S. Equity Factor Rotation Active ETF by 4.2% in the 3rd quarter. Global Wealth Strategies & Associates now owns 393,342 shares of the company’s stock worth $27,243,000 after purchasing an additional 16,012 shares in the last quarter. Roxbury Financial LLC increased its stake in iShares U.S. Equity Factor Rotation Active ETF by 11.0% during the 3rd quarter. Roxbury Financial LLC now owns 17,979 shares of the company’s stock valued at $1,245,000 after purchasing an additional 1,784 shares in the last quarter. NBH Bank acquired a new position in iShares U.S. Equity Factor Rotation Active ETF during the 2nd quarter valued at approximately $39,000. Shah Wealth Advisors LLC purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the second quarter worth $67,577,000. Finally, Strive Financial Group LLC acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the second quarter worth $47,000.

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.