BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw unusually-high trading volume on Tuesday . Approximately 22,177 shares traded hands during mid-day trading, an increase of 135% from the previous session’s volume of 9,424 shares.The stock last traded at $96.13 and had previously closed at $96.96.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

The stock has a market capitalization of $507.29 million, a P/E ratio of 19.38 and a beta of 1.06. The business has a fifty day simple moving average of $102.68 and a 200-day simple moving average of $103.11.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Transce3nd LLC bought a new position in shares of BNY Mellon US Mid Cap Core Equity ETF in the fourth quarter valued at $38,000. FMR LLC lifted its position in BNY Mellon US Mid Cap Core Equity ETF by 21.7% in the 3rd quarter. FMR LLC now owns 661 shares of the company’s stock valued at $67,000 after acquiring an additional 118 shares in the last quarter. Barclays PLC acquired a new position in BNY Mellon US Mid Cap Core Equity ETF during the 4th quarter valued at about $68,000. Key Financial Inc increased its holdings in BNY Mellon US Mid Cap Core Equity ETF by 40.7% during the 4th quarter. Key Financial Inc now owns 1,658 shares of the company’s stock worth $168,000 after purchasing an additional 480 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 56.3% in the fourth quarter. LPL Financial LLC now owns 4,101 shares of the company’s stock worth $417,000 after purchasing an additional 1,477 shares during the last quarter.

About BNY Mellon US Mid Cap Core Equity ETF

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.