Southern Capital Services Inc. ADV Invests $7.31 Million in iShares Advantage Large Cap Income ETF $BALI

Southern Capital Services Inc. ADV acquired a new stake in shares of iShares Advantage Large Cap Income ETF (BATS:BALI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 230,738 shares of the company’s stock, valued at approximately $7,310,000. iShares Advantage Large Cap Income ETF comprises about 4.6% of Southern Capital Services Inc. ADV’s portfolio, making the stock its 8th largest position. Southern Capital Services Inc. ADV owned 0.97% of iShares Advantage Large Cap Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new stake in iShares Advantage Large Cap Income ETF in the 1st quarter worth approximately $292,000. NewEdge Advisors LLC lifted its stake in shares of iShares Advantage Large Cap Income ETF by 6.4% in the first quarter. NewEdge Advisors LLC now owns 6,533 shares of the company’s stock worth $188,000 after buying an additional 394 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of iShares Advantage Large Cap Income ETF in the first quarter worth $737,000. Jane Street Group LLC bought a new stake in shares of iShares Advantage Large Cap Income ETF during the 1st quarter worth $715,000. Finally, Ameriprise Financial Inc. grew its stake in iShares Advantage Large Cap Income ETF by 0.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,100,552 shares of the company’s stock valued at $33,140,000 after buying an additional 9,242 shares during the last quarter.

iShares Advantage Large Cap Income ETF Stock Performance

BATS:BALI opened at $33.74 on Friday. The firm has a market capitalization of $36.44 million, a PE ratio of 23.77 and a beta of 0.85. iShares Advantage Large Cap Income ETF has a 1 year low of $29.08 and a 1 year high of $34.50. The firm’s fifty day simple moving average is $33.28 and its 200 day simple moving average is $32.27.

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.