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

iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $61.42 and last traded at $61.29, with a volume of 2536734 shares trading hands. The stock had previously closed at $60.90.

iShares U.S. Equity Factor Rotation Active ETF Stock Up 0.6%

The firm has a market capitalization of $29.14 billion, a P/E ratio of 24.23 and a beta of 1.03. The company has a fifty day simple moving average of $59.90 and a 200 day simple moving average of $57.09.

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

Several institutional investors and hedge funds have recently made changes to their positions in DYNF. First Command Advisory Services Inc. purchased a new position in iShares U.S. Equity Factor Rotation Active ETF in the third quarter worth about $1,333,260,000. JPMorgan Chase & Co. lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 16.5% in the 3rd 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 period. Ameriprise Financial Inc. boosted its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.8% in the third quarter. Ameriprise Financial Inc. now owns 12,249,151 shares of the company’s stock worth $724,896,000 after buying an additional 3,227,607 shares during the last quarter. Bank of New York Mellon Corp grew its position 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 valued at $221,246,000 after buying an additional 794,487 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in iShares U.S. Equity Factor Rotation Active ETF by 16.9% during the third quarter. Janney Montgomery Scott LLC now owns 4,708,787 shares of the company’s stock valued at $278,760,000 after buying an additional 682,109 shares during the period.

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.