Parallel Advisors LLC Increases Position in iShares U.S. Equity Factor Rotation Active ETF $DYNF

Parallel Advisors LLC increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 5.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,132,789 shares of the company’s stock after purchasing an additional 104,464 shares during the period. iShares U.S. Equity Factor Rotation Active ETF makes up about 2.2% of Parallel Advisors LLC’s holdings, making the stock its 6th biggest position. Parallel Advisors LLC owned 0.40% of iShares U.S. Equity Factor Rotation Active ETF worth $124,086,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Nemes Rush Group LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter valued at $32,000. Bank of Jackson Hole Trust bought a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter valued at $35,000. Indiana Trust & Investment Management Co acquired a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the 1st quarter valued at $44,000. Finally, Curio Wealth LLC acquired a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter valued at $45,000.

iShares U.S. Equity Factor Rotation Active ETF Stock Up 1.9%

Shares of NYSEARCA DYNF opened at $69.63 on Wednesday. The firm has a market cap of $39.81 billion, a PE ratio of 24.23 and a beta of 1.02. The company’s fifty day simple moving average is $67.26 and its 200 day simple moving average is $63.72. iShares U.S. Equity Factor Rotation Active ETF has a 12-month low of $55.42 and a 12-month high of $69.84.

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.