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Sun Sep 15 15:36:52 UTC 2024: ## Zions Bancorporation Acquires New Position in BlackRock U.S. Equity Factor Rotation ETF
**Salt Lake City, UT – September 15, 2024** – Zions Bancorporation N.A. has announced the acquisition of a new position in shares of the BlackRock U.S. Equity Factor Rotation ETF (DYNF) during the second quarter, according to HoldingsChannel.com. The financial institution purchased 4,709 shares of the ETF, valued at approximately $221,000.
DYNF is an exchange-traded fund that primarily invests in the total market equity, focusing on large- and mid-cap US stocks. The actively-managed fund utilizes five equity style factors in its investment strategy.
Zions Bancorporation joins a growing number of institutional investors showing interest in DYNF. Other notable investors who have recently acquired or increased their stakes in the ETF include BlackDiamond Wealth Management LLC, Bush Investment Group LLC, Dentgroup LLC, First Hawaiian Bank, and Northwest Capital Management Inc.
DYNF opened at $48.52 on Friday. The ETF has a market cap of $8.40 billion, a P/E ratio of 24.57, and a beta of 1.15. DYNF’s 50-day moving average price is $47.35 and its 200-day moving average price is $45.62. The ETF’s one-year low is $33.31 and its one-year high is $48.83.
For more information on DYNF and other hedge fund holdings, visit HoldingsChannel.com.