iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Sets New 1-Year High – Here’s What Happened

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 $67.38 and last traded at $67.38, with a volume of 340159 shares changing hands. The stock had previously closed at $66.65.

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

The stock has a market capitalization of $35.66 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02. The business’s fifty day moving average price is $62.32 and its 200-day moving average price is $61.35.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DYNF. First Command Advisory Services Inc. acquired a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the third quarter valued at about $1,333,260,000. JPMorgan Chase & Co. boosted its holdings in iShares U.S. Equity Factor Rotation Active ETF by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 22,898,210 shares of the company’s stock worth $1,355,574,000 after purchasing an additional 3,242,172 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares U.S. Equity Factor Rotation Active ETF by 35.8% during the third quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock worth $724,896,000 after purchasing an additional 3,227,607 shares during the last quarter. BlueStem Wealth Partners LLC purchased a new position in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth about $71,412,000. Finally, Bank of New York Mellon Corp boosted its holdings in iShares U.S. Equity Factor Rotation Active ETF by 27.0% during the third quarter. Bank of New York Mellon Corp now owns 3,737,264 shares of the company’s stock worth $221,246,000 after purchasing an additional 794,487 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.