Magnolia Private Wealth LLC Invests $908,000 in iShares U.S. Equity Factor Rotation Active ETF $DYNF

Magnolia Private Wealth LLC purchased a new stake in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 14,926 shares of the company’s stock, valued at approximately $908,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp grew its position in iShares U.S. Equity Factor Rotation Active ETF by 27.0% during the third quarter. Bank of New York Mellon Corp now owns 3,737,264 shares of the company’s stock worth $221,246,000 after buying an additional 794,487 shares during the period. Kentucky Trust Co lifted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 1,429.9% during the 4th quarter. Kentucky Trust Co now owns 31,593 shares of the company’s stock valued at $1,921,000 after acquiring an additional 29,528 shares during the period. Twin Peaks Wealth Advisors LLC lifted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 27.0% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 155,055 shares of the company’s stock valued at $9,179,000 after acquiring an additional 32,991 shares during the period. CoreCap Advisors LLC boosted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 14.9% during the 4th quarter. CoreCap Advisors LLC now owns 169,632 shares of the company’s stock worth $10,315,000 after acquiring an additional 22,004 shares in the last quarter. Finally, Northland Securities Inc. acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF in the 4th quarter worth approximately $1,829,000.

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

DYNF opened at $66.51 on Friday. iShares U.S. Equity Factor Rotation Active ETF has a 1-year low of $50.69 and a 1-year high of $67.31. The stock has a market cap of $35.30 billion, a P/E ratio of 24.23 and a beta of 1.02. The stock’s 50 day simple moving average is $62.06 and its 200 day simple moving average is $61.26.

iShares U.S. Equity Factor Rotation Active ETF 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.