Icon Wealth Advisors LLC Invests $25.24 Million in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

Icon Wealth Advisors LLC bought 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 Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 568,414 shares of the company’s stock, valued at approximately $25,238,000. BlackRock U.S. Equity Factor Rotation ETF comprises approximately 2.3% of Icon Wealth Advisors LLC’s holdings, making the stock its 7th biggest holding. Icon Wealth Advisors LLC owned approximately 0.33% of BlackRock U.S. Equity Factor Rotation ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. increased its stake in BlackRock U.S. Equity Factor Rotation ETF by 357.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 55,734 shares of the company’s stock valued at $2,207,000 after purchasing an additional 43,558 shares during the last quarter. Foundry Financial Group Inc. acquired a new stake in BlackRock U.S. Equity Factor Rotation ETF during the 4th quarter worth $864,000. Allworth Financial LP purchased a new stake in BlackRock U.S. Equity Factor Rotation ETF in the fourth quarter valued at $29,000. Truist Financial Corp lifted its position in BlackRock U.S. Equity Factor Rotation ETF by 12.2% in the fourth quarter. Truist Financial Corp now owns 137,589 shares of the company’s stock valued at $5,449,000 after acquiring an additional 14,961 shares during the last quarter. Finally, Invst LLC acquired a new position in BlackRock U.S. Equity Factor Rotation ETF in the fourth quarter valued at $9,485,000.

BlackRock U.S. Equity Factor Rotation ETF Stock Performance

NYSEARCA DYNF traded down $0.29 on Tuesday, reaching $46.43. The stock had a trading volume of 1,183,557 shares, compared to its average volume of 1,888,314. The stock has a market cap of $8.03 billion, a P/E ratio of 24.57 and a beta of 1.15. The business’s 50-day moving average price is $46.74 and its 200 day moving average price is $44.25. BlackRock U.S. Equity Factor Rotation ETF has a 12-month low of $33.31 and a 12-month high of $48.80.

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.