Ameriprise Financial Inc. Purchases 3,227,607 Shares of iShares U.S. Equity Factor Rotation Active ETF $DYNF

Ameriprise Financial Inc. raised its holdings in iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 35.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,249,151 shares of the company’s stock after buying an additional 3,227,607 shares during the quarter. Ameriprise Financial Inc. owned about 2.58% of iShares U.S. Equity Factor Rotation Active ETF worth $724,896,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 5.6% during the second quarter. JPMorgan Chase & Co. now owns 19,656,038 shares of the company’s stock valued at $1,070,468,000 after buying an additional 1,043,822 shares during the period. Twin Peaks Wealth Advisors LLC grew its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF by 14.2% during the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 122,064 shares of the company’s stock worth $6,970,000 after acquiring an additional 15,188 shares during the period. Marshall Wace LLP bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the 2nd quarter worth approximately $5,533,000. Cary Street Partners Investment Advisory LLC lifted its stake in shares of iShares U.S. Equity Factor Rotation Active ETF by 2.5% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 11,015 shares of the company’s stock valued at $600,000 after purchasing an additional 273 shares during the period. Finally, Redwood Investment Management LLC lifted its stake 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 purchasing an additional 5,713 shares during the period.

iShares U.S. Equity Factor Rotation Active ETF Trading Down 0.6%

Shares of DYNF stock opened at $59.22 on Monday. iShares U.S. Equity Factor Rotation Active ETF has a 12 month low of $42.10 and a 12 month high of $62.41. The stock has a market cap of $30.89 billion, a PE ratio of 24.23 and a beta of 1.03. The company’s fifty day moving average price is $61.04 and its 200-day moving average price is $60.16.

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.