EWG Elevate Inc. raised its position in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI – Free Report) by 50.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 650,652 shares of the company’s stock after acquiring an additional 218,299 shares during the quarter. Blackrock Advantage Large Cap Income ETF comprises 6.0% of EWG Elevate Inc.’s investment portfolio, making the stock its biggest holding. EWG Elevate Inc. owned about 60.25% of Blackrock Advantage Large Cap Income ETF worth $19,682,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Blackrock Advantage Large Cap Income ETF in the third quarter worth approximately $296,000. Sheets Smith Wealth Management bought a new stake in Blackrock Advantage Large Cap Income ETF during the 3rd quarter valued at $433,000. OneDigital Investment Advisors LLC raised its holdings in Blackrock Advantage Large Cap Income ETF by 2.0% during the third quarter. OneDigital Investment Advisors LLC now owns 17,063 shares of the company’s stock worth $518,000 after buying an additional 340 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Blackrock Advantage Large Cap Income ETF during the third quarter valued at about $837,000. Finally, Semus Wealth Partners LLC increased its position in shares of Blackrock Advantage Large Cap Income ETF by 141.4% during the third quarter. Semus Wealth Partners LLC now owns 29,241 shares of the company’s stock worth $888,000 after acquiring an additional 17,129 shares in the last quarter.
Blackrock Advantage Large Cap Income ETF Stock Performance
Shares of NYSEARCA BALI opened at $30.03 on Monday. The stock has a market cap of $32.43 million, a price-to-earnings ratio of 21.49 and a beta of 0.85. Blackrock Advantage Large Cap Income ETF has a fifty-two week low of $26.54 and a fifty-two week high of $31.66. The firm’s 50-day simple moving average is $30.95 and its 200 day simple moving average is $30.19.
Blackrock Advantage Large Cap Income ETF Company Profile
The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.
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