Vestmark Advisory Solutions Inc. Sells 520,655 Shares of Blackrock Advantage Large Cap Income ETF $BALI

Vestmark Advisory Solutions Inc. cut its stake in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) by 49.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 526,297 shares of the company’s stock after selling 520,655 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Blackrock Advantage Large Cap Income ETF were worth $16,705,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of BALI. Synergy Investment Management LLC bought a new position in shares of Blackrock Advantage Large Cap Income ETF in the third quarter worth about $306,000. Founders Financial Alliance LLC purchased a new stake in Blackrock Advantage Large Cap Income ETF in the 3rd quarter worth approximately $253,000. JPMorgan Chase & Co. raised its stake in Blackrock Advantage Large Cap Income ETF by 1.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 294,622 shares of the company’s stock worth $9,351,000 after acquiring an additional 4,591 shares during the period. HighTower Advisors LLC lifted its holdings in Blackrock Advantage Large Cap Income ETF by 30.5% during the third quarter. HighTower Advisors LLC now owns 101,622 shares of the company’s stock valued at $3,225,000 after purchasing an additional 23,759 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its position in shares of Blackrock Advantage Large Cap Income ETF by 50.6% in the third quarter. Onyx Bridge Wealth Group LLC now owns 13,004 shares of the company’s stock worth $413,000 after purchasing an additional 4,371 shares during the period.

Blackrock Advantage Large Cap Income ETF Price Performance

Shares of NYSEARCA BALI opened at $32.17 on Friday. The stock has a market cap of $763.72 million, a PE ratio of 23.77 and a beta of 0.84. Blackrock Advantage Large Cap Income ETF has a 1 year low of $25.05 and a 1 year high of $32.72. The firm has a fifty day moving average price of $31.99 and a 200-day moving average price of $31.60.

About Blackrock Advantage Large Cap Income ETF

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.