Summit Wealth Partners LLC Takes $260,000 Position in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

Summit Wealth Partners LLC bought a new position in shares of BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,536 shares of the company’s stock, valued at approximately $260,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DYNF. Envestnet Asset Management Inc. increased its position in shares of BlackRock U.S. Equity Factor Rotation ETF by 12.4% in the second quarter. Envestnet Asset Management Inc. now owns 64,115,092 shares of the company’s stock worth $3,009,562,000 after acquiring an additional 7,049,707 shares in the last quarter. LPL Financial LLC boosted its position in shares of BlackRock U.S. Equity Factor Rotation ETF by 30.2% in the second quarter. LPL Financial LLC now owns 17,406,831 shares of the company’s stock worth $817,077,000 after buying an additional 4,038,905 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of BlackRock U.S. Equity Factor Rotation ETF by 12.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,633,934 shares of the company’s stock valued at $452,217,000 after buying an additional 1,091,282 shares in the last quarter. CWM LLC raised its holdings in shares of BlackRock U.S. Equity Factor Rotation ETF by 18.3% during the 2nd quarter. CWM LLC now owns 8,884,198 shares of the company’s stock valued at $417,024,000 after buying an additional 1,373,892 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of BlackRock U.S. Equity Factor Rotation ETF during the 1st quarter valued at about $151,554,000.

BlackRock U.S. Equity Factor Rotation ETF Stock Down 0.9 %

NYSEARCA DYNF opened at $49.04 on Wednesday. BlackRock U.S. Equity Factor Rotation ETF has a fifty-two week low of $33.31 and a fifty-two week high of $49.56. The business has a 50 day moving average price of $47.61 and a two-hundred day moving average price of $46.12. The stock has a market cap of $8.49 billion, a PE ratio of 24.57 and a beta of 1.15.

BlackRock U.S. Equity Factor Rotation ETF Company 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.