iShares Advantage Large Cap Income ETF (BATS:BALI – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 143,078 shares, an increase of 99.4% from the April 15th total of 71,758 shares. Based on an average daily trading volume, of 700,032 shares, the days-to-cover ratio is presently 0.2 days. Approximately 13.2% of the company’s shares are short sold.
iShares Advantage Large Cap Income ETF Stock Performance
Shares of BALI opened at $33.56 on Friday. iShares Advantage Large Cap Income ETF has a 52-week low of $28.53 and a 52-week high of $33.92. The business’s 50 day moving average price is $31.93 and its two-hundred day moving average price is $31.89. The firm has a market cap of $36.24 million, a PE ratio of 23.77 and a beta of 0.85.
Hedge Funds Weigh In On iShares Advantage Large Cap Income ETF
A number of large investors have recently modified their holdings of BALI. LPL Financial LLC lifted its holdings in shares of iShares Advantage Large Cap Income ETF by 32.6% in the 4th quarter. LPL Financial LLC now owns 1,680,474 shares of the company’s stock worth $53,237,000 after purchasing an additional 412,857 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Advantage Large Cap Income ETF by 71,009.1% in the 3rd quarter. Bank of America Corp DE now owns 297,236 shares of the company’s stock worth $9,434,000 after purchasing an additional 296,818 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Advantage Large Cap Income ETF by 102.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 557,668 shares of the company’s stock worth $17,667,000 after purchasing an additional 282,090 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares Advantage Large Cap Income ETF by 27,648,600.0% in the 4th quarter. Wells Fargo & Company MN now owns 276,487 shares of the company’s stock worth $8,759,000 after purchasing an additional 276,486 shares in the last quarter. Finally, Southern Capital Services Inc. ADV bought a new position in shares of iShares Advantage Large Cap Income ETF in the 4th quarter worth $7,310,000.
iShares Advantage Large Cap Income ETF Company 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.
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