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

Wavvest Wealth LLC acquired a new position in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 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 holding.

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

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

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

iShares U.S. Equity Factor Rotation Active ETF 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.