Spinnaker Trust Acquires 14,320 Shares of iShares U.S. Equity Factor Rotation Active ETF $DYNF

Spinnaker Trust raised its holdings in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 2.5% in the first quarter, Holdings Channel.com reports. The fund owned 592,610 shares of the company’s stock after acquiring an additional 14,320 shares during the quarter. iShares U.S. Equity Factor Rotation Active ETF makes up about 1.9% of Spinnaker Trust’s investment portfolio, making the stock its 11th largest position. Spinnaker Trust’s holdings in iShares U.S. Equity Factor Rotation Active ETF were worth $34,478,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Trust Co. of Vermont bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter valued at $25,000. Nemes Rush Group LLC bought a new stake in iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter worth $27,000. Fortitude Family Office LLC bought a new stake in iShares U.S. Equity Factor Rotation Active ETF in the fourth quarter worth $31,000. IFC & Insurance Marketing Inc. acquired a new position in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth $32,000. Finally, Bank of Jackson Hole Trust acquired a new position in iShares U.S. Equity Factor Rotation Active ETF during the fourth quarter worth $35,000.

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

NYSEARCA DYNF opened at $67.44 on Tuesday. iShares U.S. Equity Factor Rotation Active ETF has a fifty-two week low of $54.16 and a fifty-two week high of $68.16. The stock’s 50-day moving average is $66.05 and its two-hundred day moving average is $62.55. The firm has a market cap of $35.80 billion, a P/E ratio of 24.23 and a beta of 1.02.

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.