BNY Mellon International Equity ETF (NYSEARCA:BKIE) Hits New 52-Week High – Here’s What Happened

BNY Mellon International Equity ETF (NYSEARCA:BKIE) reached a new 52-week high on Monday . The stock traded as high as $93.34 and last traded at $93.2660, with a volume of 15067 shares. The stock had previously closed at $93.00.

BNY Mellon International Equity ETF Price Performance

The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 16.44 and a beta of 0.85. The stock has a fifty day moving average of $90.51 and a two-hundred day moving average of $88.01.

BNY Mellon International Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.5238 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.10 annualized dividend and a dividend yield of 2.2%.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BKIE. Birchbrook Inc. purchased a new position in BNY Mellon International Equity ETF in the 3rd quarter worth approximately $25,000. Tortoise Investment Management LLC bought a new stake in shares of BNY Mellon International Equity ETF in the 3rd quarter worth approximately $38,000. SVB Wealth LLC purchased a new position in BNY Mellon International Equity ETF in the 1st quarter worth $39,000. Key Financial Inc lifted its stake in BNY Mellon International Equity ETF by 38.2% in the second quarter. Key Financial Inc now owns 478 shares of the company’s stock worth $41,000 after purchasing an additional 132 shares during the last quarter. Finally, First Horizon Advisors Inc. bought a new stake in shares of BNY Mellon International Equity ETF in the 2nd quarter valued at about $52,000.

About BNY Mellon International Equity ETF

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.