Envestnet Asset Management Inc. Has $50.31 Million Position in Blackrock Advantage Large Cap Income ETF $BALI

Envestnet Asset Management Inc. boosted its holdings in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) by 4.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,585,012 shares of the company’s stock after buying an additional 72,054 shares during the period. Envestnet Asset Management Inc. owned approximately 0.09% of Blackrock Advantage Large Cap Income ETF worth $50,308,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new stake in shares of Blackrock Advantage Large Cap Income ETF during the second quarter worth about $30,000. LGT Financial Advisors LLC lifted its position in Blackrock Advantage Large Cap Income ETF by 74.8% in the 2nd quarter. LGT Financial Advisors LLC now owns 3,361 shares of the company’s stock valued at $101,000 after acquiring an additional 1,438 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Blackrock Advantage Large Cap Income ETF by 6.4% during the 1st quarter. NewEdge Advisors LLC now owns 6,533 shares of the company’s stock valued at $188,000 after purchasing an additional 394 shares during the last quarter. High Falls Advisors Inc acquired a new position in Blackrock Advantage Large Cap Income ETF during the 2nd quarter valued at about $201,000. Finally, MGO One Seven LLC bought a new stake in Blackrock Advantage Large Cap Income ETF during the 3rd quarter worth approximately $201,000.

Blackrock Advantage Large Cap Income ETF Stock Up 0.4%

Shares of Blackrock Advantage Large Cap Income ETF stock opened at $32.28 on Tuesday. Blackrock Advantage Large Cap Income ETF has a 52 week low of $25.05 and a 52 week high of $32.72. The business has a 50 day moving average price of $31.95 and a 200-day moving average price of $31.51. The company has a market cap of $766.33 million, a PE ratio of 23.77 and a beta of 0.84.

Blackrock Advantage Large Cap Income ETF 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.