JB Capital LLC Invests $653,000 in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

JB Capital LLC acquired a new position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 21,599 shares of the company’s stock, valued at approximately $653,000.

Several other hedge funds have also recently bought and sold shares of BALI. EWG Elevate Inc. raised its holdings in Blackrock Advantage Large Cap Income ETF by 50.5% in the 4th quarter. EWG Elevate Inc. now owns 650,652 shares of the company’s stock worth $19,682,000 after acquiring an additional 218,299 shares during the period. U.S. Capital Wealth Advisors LLC boosted its stake in Blackrock Advantage Large Cap Income ETF by 303.5% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 240,746 shares of the company’s stock valued at $7,283,000 after purchasing an additional 181,076 shares during the period. Patriot Financial Group Insurance Agency LLC grew its holdings in Blackrock Advantage Large Cap Income ETF by 43.8% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 128,638 shares of the company’s stock valued at $3,891,000 after buying an additional 39,151 shares during the last quarter. Park Avenue Securities LLC bought a new position in Blackrock Advantage Large Cap Income ETF in the 4th quarter worth approximately $1,259,000. Finally, Semus Wealth Partners LLC boosted its position in shares of Blackrock Advantage Large Cap Income ETF by 141.4% in the third quarter. Semus Wealth Partners LLC now owns 29,241 shares of the company’s stock valued at $888,000 after acquiring an additional 17,129 shares during the period.

Blackrock Advantage Large Cap Income ETF Trading Down 0.7 %

Shares of BALI stock opened at $30.78 on Monday. The firm has a market capitalization of $33.24 million, a P/E ratio of 21.49 and a beta of 0.85. Blackrock Advantage Large Cap Income ETF has a 1 year low of $27.04 and a 1 year high of $31.66. The firm’s fifty day simple moving average is $30.90 and its 200 day simple moving average is $30.28.

Blackrock Advantage Large Cap Income ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.1728 per share. The ex-dividend date of this dividend is Monday, February 3rd.

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.