Bay Harbor Wealth Management LLC Raises Holdings in iShares U.S. Equity Factor Rotation Active ETF $DYNF

Bay Harbor Wealth Management LLC increased its stake in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 17.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 264,937 shares of the company’s stock after buying an additional 39,842 shares during the quarter. iShares U.S. Equity Factor Rotation Active ETF makes up 4.2% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 6th biggest position. Bay Harbor Wealth Management LLC’s holdings in iShares U.S. Equity Factor Rotation Active ETF were worth $15,684,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. boosted its holdings in iShares U.S. Equity Factor Rotation Active ETF by 39.9% in the first quarter. Ameriflex Group Inc. now owns 24,622 shares of the company’s stock worth $1,201,000 after acquiring an additional 7,020 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 5.6% during the second quarter. JPMorgan Chase & Co. now owns 19,656,038 shares of the company’s stock valued at $1,070,468,000 after acquiring an additional 1,043,822 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 6.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,942,777 shares of the company’s stock worth $160,264,000 after purchasing an additional 182,042 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in iShares U.S. Equity Factor Rotation Active ETF by 4.1% in the 2nd quarter. AdvisorNet Financial Inc now owns 7,084 shares of the company’s stock worth $386,000 after purchasing an additional 276 shares in the last quarter. Finally, Redwood Investment Management LLC grew its position in iShares U.S. Equity Factor Rotation Active ETF by 4.3% during the 1st quarter. Redwood Investment Management LLC now owns 61,463 shares of the company’s stock valued at $2,997,000 after purchasing an additional 2,553 shares during the last quarter.

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

NYSEARCA:DYNF opened at $60.16 on Friday. The firm has a market cap of $28.61 billion, a P/E ratio of 24.23 and a beta of 1.03. iShares U.S. Equity Factor Rotation Active ETF has a fifty-two week low of $42.10 and a fifty-two week high of $61.42. The firm has a 50-day simple moving average of $60.08 and a two-hundred day simple moving average of $57.45.

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.