Envestnet Asset Management Inc. Acquires 120,133 Shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

Envestnet Asset Management Inc. raised its holdings in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) by 15.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 912,457 shares of the company’s stock after purchasing an additional 120,133 shares during the quarter. Envestnet Asset Management Inc. owned 84.49% of Blackrock Advantage Large Cap Income ETF worth $26,270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. EWG Elevate Inc. increased its stake in Blackrock Advantage Large Cap Income ETF by 3.0% during the 1st quarter. EWG Elevate Inc. now owns 670,262 shares of the company’s stock valued at $19,297,000 after purchasing an additional 19,610 shares in the last quarter. LPL Financial LLC purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $14,740,000. Ameriprise Financial Inc. purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $14,292,000. Cetera Investment Advisers purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $6,901,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at about $5,764,000.

Blackrock Advantage Large Cap Income ETF Price Performance

Shares of BALI stock opened at $30.17 on Tuesday. The firm has a 50-day moving average of $29.33 and a 200-day moving average of $29.32. The company has a market cap of $349.37 million, a P/E ratio of 23.77 and a beta of 0.85. Blackrock Advantage Large Cap Income ETF has a one year low of $25.05 and a one year high of $31.66.

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.