iShares U.S. Equity Factor Rotation ETF Sees $170.9 Million Inflow
The iShares U.S. Equity Factor Rotation Active ETF (Symbol: DYNF) recorded a significant inflow of approximately $170.9 million. This represents a 1.0% increase in outstanding units, rising from 331,325,000 to 334,625,000 week over week.
Major Holdings Performance
In today’s trading, Johnson & Johnson (Symbol: JNJ) increased by about 0.7%, while Costco Wholesale Corp (Symbol: COST) and Parker Hannifin Corp (Symbol: PH) both declined by about 0.5%.
DYNF Price Performance Overview
DYNF’s 52-week low stands at $42.10 per share, with a high of $53.83. The last trade price was recorded at $51.96, suggesting proximity to the 200-day moving average, which can serve as a tool for technical analysis.
The following chart illustrates DYNF’s price performance over the past year against its 200-day moving average:
Understanding ETF Unit Trends
Exchange-traded funds (ETFs) behave like stocks, but investors trade “units” instead of shares. These units can be created or destroyed based on demand. Weekly monitoring of outstanding units helps identify ETFs with significant inflows or outflows. Creation of new units typically leads to the purchase of underlying holdings, while destruction involves selling these holdings.
To learn about other ETFs with notable inflows, click here.
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