Sovran Advisors LLC Buys 38,019 Shares of iShares Advantage Large Cap Income ETF $BALI

Sovran Advisors LLC increased its stake in iShares Advantage Large Cap Income ETF (BATS:BALI) by 152.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 62,880 shares of the company’s stock after acquiring an additional 38,019 shares during the period. Sovran Advisors LLC’s holdings in iShares Advantage Large Cap Income ETF were worth $2,015,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Bank of America Corp DE increased its position in iShares Advantage Large Cap Income ETF by 71,009.1% during the third quarter. Bank of America Corp DE now owns 297,236 shares of the company’s stock valued at $9,434,000 after acquiring an additional 296,818 shares during the last quarter. Granite Bay Wealth Management LLC bought a new stake in shares of iShares Advantage Large Cap Income ETF in the 3rd quarter worth about $8,857,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Advantage Large Cap Income ETF by 3,991.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 275,578 shares of the company’s stock worth $8,747,000 after acquiring an additional 268,843 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of iShares Advantage Large Cap Income ETF by 50.9% during the 2nd quarter. Osaic Holdings Inc. now owns 384,989 shares of the company’s stock worth $11,569,000 after purchasing an additional 129,931 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in iShares Advantage Large Cap Income ETF by 11.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,226,644 shares of the company’s stock valued at $38,883,000 after purchasing an additional 126,092 shares during the last quarter.

iShares Advantage Large Cap Income ETF Price Performance

iShares Advantage Large Cap Income ETF stock opened at $30.74 on Friday. The firm has a market capitalization of $33.20 million, a P/E ratio of 23.77 and a beta of 0.85. iShares Advantage Large Cap Income ETF has a 1-year low of $25.05 and a 1-year high of $32.72. The company’s 50-day moving average is $31.67 and its 200 day moving average is $31.68.

iShares 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.