First Horizon Advisors Inc. Makes New $31,000 Investment in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

First Horizon Advisors Inc. purchased a new position in shares of Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) in the 4th quarter, Holdings Channel reports. The firm purchased 1,014 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BALI. Sheets Smith Wealth Management acquired a new position in Blackrock Advantage Large Cap Income ETF during the 3rd quarter worth approximately $433,000. OneDigital Investment Advisors LLC grew its holdings in Blackrock Advantage Large Cap Income ETF by 2.0% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,063 shares of the company’s stock worth $518,000 after acquiring an additional 340 shares in the last quarter. Semus Wealth Partners LLC grew its holdings in Blackrock Advantage Large Cap Income ETF by 141.4% during the 3rd quarter. Semus Wealth Partners LLC now owns 29,241 shares of the company’s stock worth $888,000 after acquiring an additional 17,129 shares in the last quarter. Jane Street Group LLC acquired a new position in Blackrock Advantage Large Cap Income ETF during the 3rd quarter worth approximately $296,000. Finally, Sanctuary Advisors LLC acquired a new position in Blackrock Advantage Large Cap Income ETF during the 3rd quarter worth approximately $837,000.

Blackrock Advantage Large Cap Income ETF Trading Up 1.6 %

Shares of Blackrock Advantage Large Cap Income ETF stock opened at $30.48 on Friday. The company has a fifty day simple moving average of $30.67 and a 200-day simple moving average of $30.50. Blackrock Advantage Large Cap Income ETF has a 12-month low of $27.31 and a 12-month high of $31.66. The stock has a market cap of $32.92 million, a price-to-earnings ratio of 21.49 and a beta of 0.85.

Blackrock Advantage Large Cap Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1728 dividend. The ex-dividend date was Monday, February 3rd.

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.