iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 1-Year High – Still a Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s share 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. The stock had previously closed at $69.97.

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

The firm’s fifty day moving average price is $69.27 and its 200 day moving average price is $66.33. The firm has a market cap of $42.50 billion, a P/E ratio of 24.23 and a beta of 1.02.

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

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in iShares U.S. Equity Factor Rotation Active ETF by 7.0% during the 4th quarter. JPMorgan Chase & Co. now owns 24,492,775 shares of the company’s stock valued at $1,489,406,000 after acquiring an additional 1,594,565 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares U.S. Equity Factor Rotation Active ETF by 1.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 4,787,660 shares of the company’s stock worth $291,138,000 after purchasing an additional 78,873 shares during the last quarter. Parallel Advisors LLC increased its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 5.2% during the first quarter. Parallel Advisors LLC now owns 2,132,789 shares of the company’s stock worth $124,086,000 after purchasing an additional 104,464 shares in the last quarter. Icon Wealth Advisors LLC increased its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 3.3% during the fourth quarter. Icon Wealth Advisors LLC now owns 1,046,787 shares of the company’s stock worth $63,655,000 after purchasing an additional 33,801 shares in the last quarter. Finally, Shah Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 2nd quarter valued at $67,577,000.

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.