iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 52-Week High – Should You Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s share price reached a new 52-week high on Tuesday . The company traded as high as $61.44 and last traded at $61.4190, with a volume of 1713893 shares changing hands. The stock had previously closed at $61.08.

iShares U.S. Equity Factor Rotation Active ETF Stock Up 0.4%

The stock has a market capitalization of $29.33 billion, a price-to-earnings ratio of 24.23 and a beta of 1.03. The company’s 50-day simple moving average is $60.29 and its 200 day simple moving average is $57.73.

Institutional Investors Weigh In On iShares U.S. Equity Factor Rotation Active ETF

Large investors have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the first quarter worth $474,000. Ameriflex Group Inc. raised its holdings in iShares U.S. Equity Factor Rotation Active ETF by 39.9% in the 1st quarter. Ameriflex Group Inc. now owns 24,622 shares of the company’s stock worth $1,201,000 after acquiring an additional 7,020 shares during the period. Harbor Investment Advisory LLC lifted its position in iShares U.S. Equity Factor Rotation Active ETF by 285.1% during the 2nd quarter. Harbor Investment Advisory LLC now owns 2,091 shares of the company’s stock worth $114,000 after acquiring an additional 1,548 shares during the last quarter. Roxbury Financial LLC grew its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 138.1% in the second quarter. Roxbury Financial LLC now owns 7,176 shares of the company’s stock valued at $391,000 after purchasing an additional 4,162 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 7.4% in the second quarter. Parallel Advisors LLC now owns 1,578,498 shares of the company’s stock worth $85,965,000 after purchasing an additional 109,247 shares during the period.

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.