Bank of New York Mellon Corp Sells 447,964 Shares of iShares U.S. Equity Factor Rotation Active ETF $DYNF

Bank of New York Mellon Corp lowered its holdings in shares of iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF) by 11.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 3,576,855 shares of the company’s stock after selling 447,964 shares during the period. Bank of New York Mellon Corp owned 0.67% of iShares U.S. Equity Factor Rotation Active ETF worth $208,101,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DYNF. Marshall Wace LLP bought a new position in shares of iShares U.S. Equity Factor Rotation Active ETF in the second quarter valued at about $5,533,000. Ameriprise Financial Inc. grew its position in shares of iShares U.S. Equity Factor Rotation Active ETF by 35.3% in the second quarter. Ameriprise Financial Inc. now owns 9,021,544 shares of the company’s stock valued at $491,331,000 after purchasing an additional 2,354,023 shares during the last quarter. Redwood Investment Management LLC grew its holdings in 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 buying an additional 5,713 shares in the last quarter. Imprint Wealth LLC acquired a new position in iShares U.S. Equity Factor Rotation Active ETF in the 3rd quarter valued at $1,280,000. Finally, Ancora Advisors LLC increased its position in iShares U.S. Equity Factor Rotation Active ETF by 9.1% during the 3rd quarter. Ancora Advisors LLC now owns 239,440 shares of the company’s stock worth $14,175,000 after buying an additional 20,023 shares during the period.

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

DYNF opened at $66.99 on Friday. The stock has a fifty day moving average of $67.02 and a 200-day moving average of $63.18. The company has a market capitalization of $37.96 billion, a P/E ratio of 24.23 and a beta of 1.02. iShares U.S. Equity Factor Rotation Active ETF has a fifty-two week low of $54.81 and a fifty-two week high of $68.28.

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.