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

Vestmark Advisory Solutions Inc. lessened its holdings in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) by 49.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 526,297 shares of the company’s stock after selling 520,655 shares during the period. Vestmark Advisory Solutions Inc. owned 2.89% of Blackrock Advantage Large Cap Income ETF worth $16,705,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Blackrock Advantage Large Cap Income ETF during the 3rd quarter valued at approximately $1,529,000. Semus Wealth Partners LLC grew its stake in shares of Blackrock Advantage Large Cap Income ETF by 25.6% in the third quarter. Semus Wealth Partners LLC now owns 78,401 shares of the company’s stock worth $2,488,000 after acquiring an additional 15,967 shares during the last quarter. Quadrant Private Wealth Management LLC increased its holdings in shares of Blackrock Advantage Large Cap Income ETF by 38.9% during the second quarter. Quadrant Private Wealth Management LLC now owns 17,202 shares of the company’s stock valued at $518,000 after acquiring an additional 4,818 shares in the last quarter. Summit X LLC raised its position in shares of Blackrock Advantage Large Cap Income ETF by 71.3% in the 2nd quarter. Summit X LLC now owns 17,763 shares of the company’s stock worth $535,000 after purchasing an additional 7,393 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Blackrock Advantage Large Cap Income ETF by 65.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,512,958 shares of the company’s stock worth $45,555,000 after purchasing an additional 600,501 shares during the last quarter.

Blackrock Advantage Large Cap Income ETF Stock Performance

Shares of BALI stock opened at $32.17 on Friday. Blackrock Advantage Large Cap Income ETF has a one year low of $25.05 and a one year high of $32.72. The company’s 50-day moving average is $31.99 and its 200 day moving average is $31.60. The company has a market capitalization of $763.72 million, a price-to-earnings ratio of 23.77 and a beta of 0.84.

Blackrock Advantage Large Cap Income ETF 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.