BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Hits New 1-Year High – What’s Next?

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $41.71 and last traded at $41.71, with a volume of 366 shares trading hands. The stock had previously closed at $41.50.

BNY Mellon US Mid Cap Core Equity ETF Price Performance

The company’s 50-day moving average price is $40.47 and its two-hundred day moving average price is $39.20. The company has a market capitalization of $671.56 million, a price-to-earnings ratio of 19.73 and a beta of 1.01.

Institutional Trading of BNY Mellon US Mid Cap Core Equity ETF

Large investors have recently bought and sold shares of the business. Diversify Wealth Management LLC raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 29.5% in the 4th quarter. Diversify Wealth Management LLC now owns 212,257 shares of the company’s stock worth $24,459,000 after acquiring an additional 48,301 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 18,146.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,377,956 shares of the company’s stock valued at $150,108,000 after purchasing an additional 1,370,404 shares in the last quarter. Bank of New York Mellon Corp grew its stake in BNY Mellon US Mid Cap Core Equity ETF by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 550,459 shares of the company’s stock worth $60,719,000 after purchasing an additional 35,792 shares during the period. Bank of America Corp DE grew its stake in BNY Mellon US Mid Cap Core Equity ETF by 25.0% during the second quarter. Bank of America Corp DE now owns 29,316 shares of the company’s stock worth $3,001,000 after purchasing an additional 5,864 shares during the period. Finally, Cetera Investment Advisers increased its holdings in BNY Mellon US Mid Cap Core Equity ETF by 6.9% in the first quarter. Cetera Investment Advisers now owns 9,554 shares of the company’s stock worth $1,054,000 after purchasing an additional 613 shares in the last quarter.

BNY Mellon US Mid Cap Core Equity ETF Company Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.