EWG Elevate Inc. Has $19.68 Million Position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

EWG Elevate Inc. increased its position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) by 50.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 650,652 shares of the company’s stock after purchasing an additional 218,299 shares during the period. Blackrock Advantage Large Cap Income ETF makes up about 6.0% of EWG Elevate Inc.’s investment portfolio, making the stock its largest position. EWG Elevate Inc. owned 0.60% of Blackrock Advantage Large Cap Income ETF worth $19,682,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC bought a new position in Blackrock Advantage Large Cap Income ETF during the third quarter valued at approximately $2,718,000. Sanctuary Advisors LLC purchased a new stake in Blackrock Advantage Large Cap Income ETF during the 3rd quarter valued at $837,000. Semus Wealth Partners LLC lifted its holdings in shares of Blackrock Advantage Large Cap Income ETF by 141.4% during the 3rd quarter. Semus Wealth Partners LLC now owns 29,241 shares of the company’s stock valued at $888,000 after buying an additional 17,129 shares during the period. Sheets Smith Wealth Management purchased a new stake in Blackrock Advantage Large Cap Income ETF during the third quarter valued at $433,000. Finally, Jane Street Group LLC purchased a new position in Blackrock Advantage Large Cap Income ETF in the third quarter worth about $296,000.

Blackrock Advantage Large Cap Income ETF Trading Down 1.4 %

BALI opened at $30.03 on Monday. The company’s 50 day moving average is $30.95 and its 200 day moving average is $30.19. The company 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 12-month low of $26.54 and a 12-month high of $31.66.

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.