Janney Montgomery Scott LLC Takes $73.34 Million Position in iShares Large Cap Core Active ETF $BLCR

Janney Montgomery Scott LLC acquired a new position in iShares Large Cap Core Active ETF (NASDAQ:BLCR) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,786,263 shares of the company’s stock, valued at approximately $73,344,000. Janney Montgomery Scott LLC owned 1.69% of iShares Large Cap Core Active ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc acquired a new stake in iShares Large Cap Core Active ETF during the 1st quarter valued at $56,000. Worth Asset Management LLC boosted its position in shares of iShares Large Cap Core Active ETF by 2.9% in the first quarter. Worth Asset Management LLC now owns 10,750 shares of the company’s stock worth $441,000 after buying an additional 300 shares during the period. Finally, Fifth Third Wealth Advisors LLC acquired a new stake in shares of iShares Large Cap Core Active ETF in the first quarter worth $3,066,000.

iShares Large Cap Core Active ETF Trading Down 0.9%

Shares of BLCR stock opened at $49.12 on Friday. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 29.58 and a beta of 1.19. iShares Large Cap Core Active ETF has a 1-year low of $36.17 and a 1-year high of $51.02. The stock’s fifty day simple moving average is $48.99 and its 200-day simple moving average is $44.95.

iShares Large Cap Core Active ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.0581 per share. This represents a $0.23 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 15th. This is a boost from iShares Large Cap Core Active ETF’s previous quarterly dividend of $0.00.

About iShares Large Cap Core Active ETF

The BlackRock Large Cap Core ETF (BLCR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of attractively valued large-cap equity securities selected through fundamental and quantitative analysis. It primarily holds US companies but may invest in foreign securities up to 25%. BLCR was launched on Oct 24, 2023 and is issued by BlackRock.