Shah Wealth Advisors LLC Purchases Shares of 993,630 iShares U.S. Equity Factor Rotation Active ETF $DYNF

Shah Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 993,630 shares of the company’s stock, valued at approximately $67,577,000. iShares U.S. Equity Factor Rotation Active ETF makes up 15.6% of Shah Wealth Advisors LLC’s investment portfolio, making the stock its largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strive Financial Group LLC purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 2nd quarter worth approximately $47,000. Continuum Advisory LLC lifted its position in iShares U.S. Equity Factor Rotation Active ETF by 12.4% during the second quarter. Continuum Advisory LLC now owns 9,177 shares of the company’s stock valued at $624,000 after purchasing an additional 1,011 shares during the last quarter. Kentucky Trust Co grew its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 5.1% in the 2nd quarter. Kentucky Trust Co now owns 34,591 shares of the company’s stock worth $2,353,000 after buying an additional 1,663 shares in the last quarter. Atlas Brown Inc. grew its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 33.3% in the 2nd quarter. Atlas Brown Inc. now owns 6,631 shares of the company’s stock worth $451,000 after buying an additional 1,658 shares in the last quarter. Finally, First Citizens Financial Corp increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 14.0% in the 2nd quarter. First Citizens Financial Corp now owns 37,725 shares of the company’s stock worth $2,566,000 after buying an additional 4,625 shares during the last quarter.

iShares U.S. Equity Factor Rotation Active ETF Stock Down 0.4%

iShares U.S. Equity Factor Rotation Active ETF stock opened at $70.05 on Friday. The company’s 50-day moving average price is $68.47 and its 200-day moving average price is $65.06. The company has a market cap of $40.05 billion, a PE ratio of 24.23 and a beta of 1.02. iShares U.S. Equity Factor Rotation Active ETF has a twelve month low of $56.18 and a twelve month high of $70.51.

iShares U.S. Equity Factor Rotation Active ETF Company 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.