159,065 Shares in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 159,065 shares of the company’s stock, valued at approximately $4,812,000. JPMorgan Chase & Co. owned approximately 14.73% of Blackrock Advantage Large Cap Income ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in Blackrock Advantage Large Cap Income ETF in the third quarter valued at approximately $837,000. Commonwealth Equity Services LLC acquired a new position in Blackrock Advantage Large Cap Income ETF during the 4th quarter valued at about $5,764,000. Jane Street Group LLC bought a new stake in Blackrock Advantage Large Cap Income ETF during the third quarter worth $296,000. Global Retirement Partners LLC purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $38,000. Finally, Quadrant Private Wealth Management LLC bought a new position in shares of Blackrock Advantage Large Cap Income ETF during the 4th quarter worth approximately $335,000.

Blackrock Advantage Large Cap Income ETF Stock Performance

Shares of NYSEARCA:BALI opened at $26.89 on Friday. The company has a market capitalization of $29.04 million, a P/E ratio of 21.35 and a beta of 0.85. Blackrock Advantage Large Cap Income ETF has a fifty-two week low of $25.05 and a fifty-two week high of $31.66. The company’s 50-day moving average is $28.85 and its 200 day moving average is $30.09.

Blackrock Advantage Large Cap Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2059 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from Blackrock Advantage Large Cap Income ETF’s previous dividend of $0.17.

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.