Claro Advisors LLC Takes $2.27 Million Position in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

Claro Advisors LLC purchased a new stake in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 51,056 shares of the company’s stock, valued at approximately $2,267,000. Claro Advisors LLC owned about 5.80% of BlackRock U.S. Equity Factor Rotation ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC grew its stake in shares of BlackRock U.S. Equity Factor Rotation ETF by 3.2% during the third quarter. Hsbc Holdings PLC now owns 23,358 shares of the company’s stock worth $816,000 after purchasing an additional 718 shares during the period. Allworth Financial LP acquired a new stake in shares of BlackRock U.S. Equity Factor Rotation ETF in the 4th quarter valued at approximately $29,000. Northwest Capital Management Inc bought a new position in BlackRock U.S. Equity Factor Rotation ETF during the 1st quarter worth approximately $42,000. Criterion Capital Advisors LLC acquired a new position in BlackRock U.S. Equity Factor Rotation ETF during the first quarter valued at approximately $83,000. Finally, Sound Income Strategies LLC bought a new stake in BlackRock U.S. Equity Factor Rotation ETF in the first quarter valued at approximately $110,000.

BlackRock U.S. Equity Factor Rotation ETF Price Performance

Shares of NYSEARCA DYNF traded up $0.16 during midday trading on Monday, reaching $47.10. 812,959 shares of the stock were exchanged, compared to its average volume of 2,011,927. BlackRock U.S. Equity Factor Rotation ETF has a 12 month low of $33.31 and a 12 month high of $47.56. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 24.57 and a beta of 1.15. The business has a 50-day simple moving average of $45.12 and a two-hundred day simple moving average of $43.04.

About BlackRock U.S. Equity Factor Rotation 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.