Spinnaker Trust Raises Stock Holdings in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)

Spinnaker Trust raised its stake in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 20.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 216,513 shares of the company’s stock after purchasing an additional 37,430 shares during the quarter. Spinnaker Trust owned approximately 0.13% of iShares U.S. Equity Factor Rotation Active ETF worth $11,096,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth about $27,000. PSI Advisors LLC purchased a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the 4th quarter valued at about $59,000. Avior Wealth Management LLC increased its holdings in iShares U.S. Equity Factor Rotation Active ETF by 23.1% in the 4th quarter. Avior Wealth Management LLC now owns 1,878 shares of the company’s stock worth $96,000 after acquiring an additional 352 shares in the last quarter. Duncan Williams Asset Management LLC purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth approximately $260,000. Finally, Sunbelt Securities Inc. increased its holdings in iShares U.S. Equity Factor Rotation Active ETF by 58.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,665 shares of the company’s stock worth $330,000 after acquiring an additional 2,470 shares in the last quarter.

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

iShares U.S. Equity Factor Rotation Active ETF stock opened at $53.72 on Friday. The stock has a market cap of $9.30 billion, a P/E ratio of 24.57 and a beta of 1.15. iShares U.S. Equity Factor Rotation Active ETF has a 1 year low of $41.36 and a 1 year high of $53.77. The firm’s 50 day moving average price is $52.35 and its 200-day moving average price is $50.46.

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.