Wavvest Wealth LLC Buys 62,586 Shares of iShares U.S. Equity Factor Rotation Active ETF $DYNF

Wavvest Wealth LLC bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) during the 3rd quarter, Holdings Channel.com reports. The firm bought 62,586 shares of the company’s stock, valued at approximately $4,335,000. iShares U.S. Equity Factor Rotation Active ETF makes up 3.4% of Wavvest Wealth LLC’s investment portfolio, making the stock its 6th biggest position.

Several other large investors have also recently added to or reduced their stakes in DYNF. Shah Wealth Advisors LLC acquired a new stake in iShares U.S. Equity Factor Rotation Active ETF in the 2nd quarter worth about $67,577,000. Fifth Third Wealth Advisors LLC purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF in the 1st quarter valued at about $9,639,000. Arkadios Wealth Advisors increased its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 136.2% during the 1st quarter. Arkadios Wealth Advisors now owns 217,518 shares of the company’s stock valued at $12,655,000 after acquiring an additional 125,432 shares during the last quarter. Ascentis Independent Advisors increased its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 984.3% during the 1st quarter. Ascentis Independent Advisors now owns 120,101 shares of the company’s stock valued at $6,988,000 after acquiring an additional 109,025 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 5.2% during the 1st quarter. Parallel Advisors LLC now owns 2,132,789 shares of the company’s stock valued at $124,086,000 after acquiring an additional 104,464 shares during the last quarter.

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

Shares of DYNF stock opened at $69.44 on Thursday. The firm has a market cap of $42.54 billion, a P/E ratio of 24.23 and a beta of 1.02. iShares U.S. Equity Factor Rotation Active ETF has a 1-year low of $56.18 and a 1-year high of $70.90. The firm’s 50-day simple moving average is $69.62 and its 200-day simple moving average is $67.38.

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.