Janney Montgomery Scott LLC Buys Shares of 3,413,388 BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

Janney Montgomery Scott LLC purchased a new position in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,413,388 shares of the company’s stock, valued at approximately $151,554,000.

A number of other institutional investors have also made changes to their positions in DYNF. Intelligence Driven Advisers LLC acquired a new stake in shares of BlackRock U.S. Equity Factor Rotation ETF in the 1st quarter valued at approximately $22,236,000. Blue Trust Inc. acquired a new stake in BlackRock U.S. Equity Factor Rotation ETF in the first quarter worth $18,613,000. Concourse Financial Group Securities Inc. bought a new position in shares of BlackRock U.S. Equity Factor Rotation ETF during the first quarter worth $13,705,000. Diversify Advisory Services LLC acquired a new position in shares of BlackRock U.S. Equity Factor Rotation ETF in the 1st quarter valued at $1,774,000. Finally, Private Advisor Group LLC bought a new stake in shares of BlackRock U.S. Equity Factor Rotation ETF in the 1st quarter valued at $5,206,000.

BlackRock U.S. Equity Factor Rotation ETF Stock Up 0.6 %

BlackRock U.S. Equity Factor Rotation ETF stock traded up $0.27 during mid-day trading on Friday, hitting $47.87. 843,206 shares of the company’s stock were exchanged, compared to its average volume of 1,983,935. The company’s 50 day simple moving average is $45.59 and its 200-day simple moving average is $43.27. The firm has a market capitalization of $8.28 billion, a P/E ratio of 24.57 and a beta of 1.15. BlackRock U.S. Equity Factor Rotation ETF has a fifty-two week low of $33.31 and a fifty-two week high of $47.92.

About BlackRock U.S. Equity Factor Rotation 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.