BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 12-Month High – Here’s Why

BNY Mellon International Equity ETF (NYSEARCA:BKIE)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $101.99 and last traded at $101.66, with a volume of 6724 shares traded. The stock had previously closed at $100.53.

BNY Mellon International Equity ETF Stock Performance

The company’s 50-day moving average price is $98.57 and its two-hundred day moving average price is $96.36. The company has a market cap of $1.25 billion, a P/E ratio of 16.44 and a beta of 0.79.

Institutional Trading of BNY Mellon International Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in BNY Mellon International Equity ETF by 109.0% in the first quarter. NewEdge Advisors LLC now owns 30,639 shares of the company’s stock valued at $2,863,000 after buying an additional 15,978 shares during the last quarter. Bank of America Corp DE increased its holdings in BNY Mellon International Equity ETF by 225.9% in the first quarter. Bank of America Corp DE now owns 65,405 shares of the company’s stock valued at $6,111,000 after buying an additional 45,335 shares during the last quarter. Royal Bank of Canada increased its holdings in BNY Mellon International Equity ETF by 2.4% in the first quarter. Royal Bank of Canada now owns 4,776 shares of the company’s stock valued at $446,000 after buying an additional 114 shares during the last quarter. Independent Financial Group LLC bought a new stake in BNY Mellon International Equity ETF in the first quarter valued at about $2,733,000. Finally, Private Advisor Group LLC boosted its holdings in shares of BNY Mellon International Equity ETF by 61.3% in the 1st quarter. Private Advisor Group LLC now owns 9,757 shares of the company’s stock valued at $912,000 after buying an additional 3,707 shares during the period.

BNY Mellon International Equity ETF Company Profile

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.