Park Avenue Securities LLC Grows Position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

Park Avenue Securities LLC increased its position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) by 7.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,846 shares of the company’s stock after buying an additional 3,223 shares during the period. Park Avenue Securities LLC owned about 4.15% of Blackrock Advantage Large Cap Income ETF worth $1,291,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Blackrock Advantage Large Cap Income ETF by 5,590.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 792,324 shares of the company’s stock valued at $23,968,000 after purchasing an additional 778,400 shares during the last quarter. LPL Financial LLC acquired a new stake in Blackrock Advantage Large Cap Income ETF during the 4th quarter valued at approximately $14,740,000. Ameriprise Financial Inc. bought a new stake in shares of Blackrock Advantage Large Cap Income ETF in the fourth quarter worth $14,292,000. Cetera Investment Advisers bought a new position in shares of Blackrock Advantage Large Cap Income ETF during the fourth quarter worth about $6,901,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Blackrock Advantage Large Cap Income ETF in the 4th quarter worth approximately $5,764,000.

Blackrock Advantage Large Cap Income ETF Stock Down 0.4%

BALI opened at $29.36 on Thursday. The firm has a market cap of $31.71 million, a price-to-earnings ratio of 23.75 and a beta of 0.85. The company’s 50-day moving average price is $28.16 and its 200 day moving average price is $29.57. Blackrock Advantage Large Cap Income ETF has a fifty-two week low of $25.05 and a fifty-two week high of $31.66.

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.