Sharkey, Howes & Javer Takes $11.7 Million Stake in BlackRock’s BLCR ETF
The purchase highlights the appeal of a high-return active fund with a brief track record.
Overview
- Sharkey, Howes & Javer disclosed a new holding of 284,414 BLCR shares valued at $11.7 million, equal to 1.6% of its reported $742.3 million in assets.
- A 13F filing revealed the position, which is the quarterly SEC report that shows what institutional investors owned at the end of the quarter.
- BLCR is an actively managed U.S. large-cap stock ETF that holds 35 companies and charges a 0.38% expense ratio.
- The fund delivered about a 53% one‑year return versus roughly 30% for the S&P 500, though it launched in October 2023 and lacks a long record.
- Separately, The Motley Fool reported a filing showing Kelly Financial Services also opened a BLCR stake valued near $6.9 million at quarter‑end.