iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Hits New 12-Month High – What’s Next?

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) reached a new 52-week high on Thursday . The stock traded as high as $64.07 and last traded at $64.07, with a volume of 1334646 shares trading hands. The stock had previously closed at $63.45.

iShares U.S. Equity Factor Rotation Active ETF Stock Up 0.8%

The company has a market cap of $33.82 billion, a price-to-earnings ratio of 24.23 and a beta of 1.02. The business has a 50-day simple moving average of $60.69 and a two-hundred day simple moving average of $60.65.

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. Bogart Wealth LLC raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 733.9% in the first quarter. Bogart Wealth LLC now owns 1,476 shares of the company’s stock valued at $86,000 after purchasing an additional 1,299 shares during the period. Indiana Trust & Investment Management Co bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 1st quarter worth $44,000. Ascentis Independent Advisors boosted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 984.3% during the 1st quarter. Ascentis Independent Advisors now owns 120,101 shares of the company’s stock worth $6,988,000 after buying an additional 109,025 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.1% during the 1st quarter. Sound Income Strategies LLC now owns 23,229 shares of the company’s stock worth $1,364,000 after buying an additional 476 shares during the period. Finally, Spinnaker Trust boosted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.5% during the 1st quarter. Spinnaker Trust now owns 592,610 shares of the company’s stock worth $34,478,000 after buying an additional 14,320 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.