Spinnaker Trust Has $34.48 Million Holdings in iShares U.S. Equity Factor Rotation Active ETF $DYNF

Spinnaker Trust raised its position in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 2.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 592,610 shares of the company’s stock after buying an additional 14,320 shares during the quarter. iShares U.S. Equity Factor Rotation Active ETF accounts for 1.9% of Spinnaker Trust’s portfolio, making the stock its 11th largest position. Spinnaker Trust owned about 0.11% of iShares U.S. Equity Factor Rotation Active ETF worth $34,478,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in shares of iShares U.S. Equity Factor Rotation Active ETF during the second quarter valued at approximately $5,533,000. Ameriprise Financial Inc. lifted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,021,544 shares of the company’s stock valued at $491,331,000 after acquiring an additional 2,354,023 shares in the last quarter. Redwood Investment Management LLC lifted its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 9.3% in the 2nd quarter. Redwood Investment Management LLC now owns 67,176 shares of the company’s stock valued at $3,658,000 after acquiring an additional 5,713 shares in the last quarter. Blue Edge Capital LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the 3rd quarter worth approximately $8,174,000. Finally, Parallel Advisors LLC boosted its stake in iShares U.S. Equity Factor Rotation Active ETF by 25.4% in the 3rd quarter. Parallel Advisors LLC now owns 1,980,204 shares of the company’s stock worth $117,228,000 after purchasing an additional 401,706 shares during the period.

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

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

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.