IFP Advisors Inc Trims Stake in BNY Mellon US Large Cap Core Equity ETF $BKLC

IFP Advisors Inc lowered its holdings in BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) by 19.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,368 shares of the company’s stock after selling 13,141 shares during the quarter. IFP Advisors Inc owned 0.14% of BNY Mellon US Large Cap Core Equity ETF worth $7,111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Center for Financial Planning Inc. purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the third quarter valued at $37,000. EverSource Wealth Advisors LLC raised its position in BNY Mellon US Large Cap Core Equity ETF by 47.2% in the third quarter. EverSource Wealth Advisors LLC now owns 287 shares of the company’s stock valued at $37,000 after purchasing an additional 92 shares during the period. Assetmark Inc. raised its position in BNY Mellon US Large Cap Core Equity ETF by 174.0% in the fourth quarter. Assetmark Inc. now owns 348 shares of the company’s stock valued at $46,000 after purchasing an additional 221 shares during the period. Financial Management Professionals Inc. purchased a new stake in BNY Mellon US Large Cap Core Equity ETF in the fourth quarter valued at $50,000. Finally, CWM LLC raised its position in BNY Mellon US Large Cap Core Equity ETF by 812.1% in the fourth quarter. CWM LLC now owns 529 shares of the company’s stock valued at $69,000 after purchasing an additional 471 shares during the period.

BNY Mellon US Large Cap Core Equity ETF Stock Up 1.1%

NYSEARCA:BKLC opened at $141.85 on Thursday. The company has a market capitalization of $5.45 billion, a P/E ratio of 25.44 and a beta of 1.02. BNY Mellon US Large Cap Core Equity ETF has a 52 week low of $110.24 and a 52 week high of $143.48. The stock’s fifty day moving average is $132.39 and its two-hundred day moving average is $131.49.

BNY Mellon US Large Cap Core Equity ETF Profile

The BNY Mellon US Large Cap Core Equity ETF (BKLC) is an exchange-traded fund that is based on the Morningstar U.S. Large Cap index, a market-cap-weighted index of large-cap stocks that represent the top 70% of the US equity market, in terms of capitalization. BKLC was launched on Apr 9, 2020 and is managed by BNY Mellon.