Dynamic Advisor Solutions LLC Reduces Investment in iShares U.S. Equity Factor Rotation Active ETF

Dynamic Advisor Solutions LLC has significantly decreased its investment in the iShares U.S. Equity Factor Rotation Active ETF (NYSEARCA:DYNF – Free Report). According to recent reports, the firm reduced its stake by 46.9% in the third quarter, now holding 11,039 shares. This follows the sale of 9,733 shares during this period. As of the end of the latest quarter, the value of Dynamic Advisor Solutions LLC's holdings in the ETF stood at approximately $546,000.

In addition to Dynamic Advisor Solutions LLC, several other institutional investors have also made adjustments to their positions in the iShares U.S. Equity Factor Rotation Active ETF. Envestnet Asset Management Inc. increased its holdings by 12.4% during the second quarter, amassing a total of 64,115,092 shares worth around $3 billion after acquiring an additional 7,049,707 shares.

LPL Financial LLC also enhanced its stake by 30.2% in the same quarter, bringing its ownership to 17,406,831 shares valued at about $817 million following the purchase of 4,038,905 shares. Similarly, Envestnet Portfolio Solutions Inc. boosted its holdings by 12.8%, now possessing 9,633,934 shares valued at roughly $452 million after acquiring 1,091,282 shares.

Moreover, CWM LLC raised its investment by 18.3%, now owning 8,884,198 shares worth approximately $417 million after gaining an additional 1,373,892 shares. Park Avenue Securities LLC also entered the scene by purchasing a new stake during the third quarter, valued at $315 million.

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

The share price of the iShares U.S. Equity Factor Rotation Active ETF opened at $50.42 recently. The ETF has a 50-day moving average of $48.03 and a 200-day moving average of $46.35. Over the past year, DYNF has seen its price fluctuate, recording a low of $33.31 and a high of $50.51. The fund's current market capitalization stands at approximately $8.73 billion, with a P/E ratio of 24.57 and a beta of 1.15, indicating its relative volatility compared to the market.

About the iShares U.S. Equity Factor Rotation Active ETF

The iShares U.S. Equity Factor Rotation Active ETF (DYNF) is managed by BlackRock and focuses mainly on large- and mid-cap U.S. stocks. Launched on March 19, 2019, this actively-managed exchange-traded fund employs five distinct equity style factors to guide its investment strategy.

Further Insights and Recommendations

For those interested in the current landscape of the ETF, it may be worthwhile to explore various holdings and strategies linked to iShares U.S. Equity Factor Rotation Active ETF. Understanding how these large institutional players manage their portfolios can provide deeper insights into market trends.

investment, ETF, stocks