JPMorgan Chase & Co. Takes Position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI)

JPMorgan Chase & Co. bought a new position in Blackrock Advantage Large Cap Income ETF (NYSEARCA:BALI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 159,065 shares of the company’s stock, valued at approximately $4,812,000. JPMorgan Chase & Co. owned about 0.15% of Blackrock Advantage Large Cap Income ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BALI. First Horizon Advisors Inc. acquired a new stake in Blackrock Advantage Large Cap Income ETF in the fourth quarter valued at approximately $31,000. Global Retirement Partners LLC acquired a new stake in shares of Blackrock Advantage Large Cap Income ETF in the 4th quarter worth about $38,000. Synergy Investment Management LLC acquired a new position in shares of Blackrock Advantage Large Cap Income ETF during the fourth quarter worth approximately $156,000. SigFig Wealth Management LLC bought a new position in Blackrock Advantage Large Cap Income ETF in the 4th quarter valued at about $206,000. Finally, Detalus Advisors LLC acquired a new stake in Blackrock Advantage Large Cap Income ETF in the fourth quarter worth approximately $227,000.

Blackrock Advantage Large Cap Income ETF Trading Up 0.2 %

Shares of Blackrock Advantage Large Cap Income ETF stock opened at $26.89 on Friday. The stock has a market cap of $29.04 million, a PE ratio of 21.35 and a beta of 0.85. Blackrock Advantage Large Cap Income ETF has a 52 week low of $25.05 and a 52 week high of $31.66. The company’s 50-day moving average price is $28.85 and its two-hundred day moving average price 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 issued a dividend of $0.2059 per share. This is a positive change from Blackrock Advantage Large Cap Income ETF’s previous dividend of $0.17. The ex-dividend date was Monday, March 3rd.

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.