KWB Wealth Acquires New Position in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

KWB Wealth acquired a new stake in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 273,185 shares of the company’s stock, valued at approximately $12,129,000. BlackRock U.S. Equity Factor Rotation ETF comprises approximately 1.6% of KWB Wealth’s holdings, making the stock its 14th biggest position. KWB Wealth owned approximately 0.16% of BlackRock U.S. Equity Factor Rotation ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advocacy Wealth Management Services LLC acquired a new position in BlackRock U.S. Equity Factor Rotation ETF in the first quarter valued at approximately $47,696,000. Austin Private Wealth LLC acquired a new position in BlackRock U.S. Equity Factor Rotation ETF in the first quarter valued at approximately $34,668,000. Foundations Investment Advisors LLC acquired a new position in BlackRock U.S. Equity Factor Rotation ETF in the fourth quarter valued at approximately $22,928,000. SteelPeak Wealth LLC acquired a new position in BlackRock U.S. Equity Factor Rotation ETF in the first quarter valued at approximately $21,502,000. Finally, Security Financial Services INC. acquired a new position in BlackRock U.S. Equity Factor Rotation ETF in the first quarter valued at approximately $15,725,000.

BlackRock U.S. Equity Factor Rotation ETF Price Performance

Shares of NYSEARCA DYNF traded up $0.25 during midday trading on Thursday, hitting $47.60. 606,625 shares of the company’s stock were exchanged, compared to its average volume of 1,992,917. The stock’s 50 day moving average price is $45.49 and its 200-day moving average price is $43.21. The firm has a market cap of $8.24 billion, a P/E ratio of 24.57 and a beta of 1.15. BlackRock U.S. Equity Factor Rotation ETF has a twelve month low of $33.31 and a twelve month high of $47.63.

About BlackRock U.S. Equity Factor Rotation 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.