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

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $68.23 and last traded at $68.13, with a volume of 497444 shares trading hands. The stock had previously closed at $67.60.

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

The firm has a market cap of $38.50 billion, a P/E ratio of 24.23 and a beta of 1.02. The firm’s 50 day moving average is $66.95 and its 200 day moving average is $63.12.

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

A number of hedge funds have recently made changes to their positions in DYNF. Trust Co. of Vermont purchased a new position in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at $25,000. Nemes Rush Group LLC purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter worth $27,000. Fortitude Family Office LLC bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at $31,000. IFC & Insurance Marketing Inc. bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter valued at $32,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth 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.