Dynamic Advisor Solutions LLC Reduces Stake in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF)

On October 12, 2024, it was reported that Dynamic Advisor Solutions LLC has significantly reduced its stake in the iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF). This reduction amounted to 46.9% during the third quarter. Following the sale of 9,733 shares, Dynamic Advisor Solutions LLC now holds a total of 11,039 shares in the ETF. By the conclusion of the last quarter, the value of these holdings was approximately $546,000.

Other institutional investors have also made adjustments to their stakes in the iShares U.S. Equity Factor Rotation Active ETF. For instance, Envestnet Asset Management Inc. increased its holdings by 12.4% in the second quarter, accumulating a total of 64,115,092 shares, which are valued at around $3 billion after acquiring an additional 7,049,707 shares. Similarly, LPL Financial LLC raised its stake by 30.2%, bringing its ownership to 17,406,831 shares, valued at $817 million, following a purchase of 4,038,905 shares during the same period. Envestnet Portfolio Solutions Inc. also boosted its position by 12.8%, owning 9,633,934 shares valued at about $452 million after acquiring an extra 1,091,282 shares. Additionally, CWM LLC increased its shares by 18.3%, now owning 8,884,198 shares worth $417 million after buying 1,373,892 shares. In a separate transaction, Park Avenue Securities LLC initiated a new position in the ETF in the third quarter, investing approximately $315 million.

Performance Overview of iShares U.S. Equity Factor Rotation Active ETF

As of the latest trading session, shares of the iShares U.S. Equity Factor Rotation Active ETF opened at $50.42. The stock has shown notable trends with a 50-day moving average of $48.03 and a 200-day moving average of $46.35. Over the past year, the ETF's price has fluctuated significantly, with a low of $33.31 and a high reaching $50.51. The ETF currently holds a market capitalization of $8.73 billion, featuring a price-to-earnings ratio of 24.57 and a beta value of 1.15, indicating moderate volatility compared to the market.

About iShares U.S. Equity Factor Rotation Active ETF

The iShares U.S. Equity Factor Rotation Active ETF, also known by its ticker DYNF, is an actively-managed exchange-traded fund that primarily invests in a diverse range of large- and mid-cap U.S. equities. The ETF adopts a strategy that employs five distinct equity style factors. Launched on March 19, 2019, it is managed by BlackRock, a prominent asset management firm.

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