iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 1-Year High – Time to Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $68.28 and last traded at $68.27, with a volume of 743458 shares traded. The stock had previously closed at $67.45.

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

The firm’s 50 day moving average is $67.26 and its 200-day moving average is $63.72. The stock has a market capitalization of $39.81 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02.

Institutional Trading of iShares U.S. Equity Factor Rotation Active ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Wace LLP purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF in the 2nd quarter worth $5,533,000. Ameriprise Financial Inc. lifted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.3% in the second quarter. Ameriprise Financial Inc. now owns 9,021,544 shares of the company’s stock valued at $491,331,000 after acquiring an additional 2,354,023 shares in the last quarter. Redwood Investment Management LLC increased its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 9.3% during the second quarter. Redwood Investment Management LLC now owns 67,176 shares of the company’s stock worth $3,658,000 after purchasing an additional 5,713 shares in the last quarter. Imprint Wealth LLC acquired a new stake in iShares U.S. Equity Factor Rotation Active ETF during the 3rd quarter worth $1,280,000. Finally, Ancora Advisors LLC raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 9.1% in the third quarter. Ancora Advisors LLC now owns 239,440 shares of the company’s stock valued at $14,175,000 after buying an additional 20,023 shares during the last quarter.

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.