iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 52-Week High – Time to Buy?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $67.38 and last traded at $67.38, with a volume of 340159 shares trading hands. The stock had previously closed at $66.65.

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

The firm has a 50 day simple moving average of $62.78 and a 200-day simple moving average of $61.50. The stock has a market cap of $35.74 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 made changes to their positions in DYNF. Trust Co. of Vermont bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth approximately $25,000. Nemes Rush Group LLC bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth approximately $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 worth approximately $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 worth approximately $32,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth approximately $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.