iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) Reaches New 12-Month High – Here’s What Happened

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) reached a new 52-week high on Thursday . The company traded as high as $53.53 and last traded at $53.55, with a volume of 713647 shares trading hands. The stock had previously closed at $53.04.

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

The company has a 50 day simple moving average of $52.35 and a 200-day simple moving average of $50.46. The stock has a market cap of $9.30 billion, a P/E ratio of 24.57 and a beta of 1.15.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Gilliland Jeter Wealth Management LLC boosted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 26.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 7,446 shares of the company’s stock valued at $368,000 after purchasing an additional 1,539 shares in the last quarter. Bay Harbor Wealth Management LLC grew its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.6% during the third quarter. Bay Harbor Wealth Management LLC now owns 204,654 shares of the company’s stock valued at $10,124,000 after buying an additional 5,145 shares during the last quarter. Strategic Blueprint LLC grew its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.9% during the third quarter. Strategic Blueprint LLC now owns 374,555 shares of the company’s stock valued at $18,529,000 after buying an additional 10,643 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 4.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 39,837 shares of the company’s stock worth $1,971,000 after buying an additional 1,643 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 25.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 381,084 shares of the company’s stock valued at $18,852,000 after acquiring an additional 77,342 shares during the last quarter.

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.