World Equity Group Inc. Purchases 33,739 Shares of BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY)

World Equity Group Inc. raised its position in BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) by 765.8% in the 4th quarter, Holdings Channel reports. The firm owned 38,145 shares of the company’s stock after buying an additional 33,739 shares during the period. World Equity Group Inc.’s holdings in BNY Mellon High Yield Beta ETF were worth $1,819,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Arkadios Wealth Advisors increased its stake in BNY Mellon High Yield Beta ETF by 12.7% in the fourth quarter. Arkadios Wealth Advisors now owns 5,813 shares of the company’s stock valued at $277,000 after purchasing an additional 655 shares in the last quarter. JPMorgan Chase & Co. increased its stake in BNY Mellon High Yield Beta ETF by 472.1% in the third quarter. JPMorgan Chase & Co. now owns 108,209 shares of the company’s stock valued at $5,286,000 after purchasing an additional 89,294 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in BNY Mellon High Yield Beta ETF by 57.0% in the third quarter. Integrated Wealth Concepts LLC now owns 58,088 shares of the company’s stock valued at $2,838,000 after purchasing an additional 21,096 shares in the last quarter. ShoreHaven Wealth Partners LLC increased its stake in BNY Mellon High Yield Beta ETF by 19.9% in the fourth quarter. ShoreHaven Wealth Partners LLC now owns 64,880 shares of the company’s stock valued at $3,094,000 after purchasing an additional 10,785 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in BNY Mellon High Yield Beta ETF by 62.2% in the third quarter. First Horizon Advisors Inc. now owns 613 shares of the company’s stock valued at $30,000 after purchasing an additional 235 shares in the last quarter.

BNY Mellon High Yield Beta ETF Price Performance

Shares of BKHY stock opened at $48.23 on Friday. The firm has a fifty day moving average of $48.05 and a 200-day moving average of $48.23. BNY Mellon High Yield Beta ETF has a 12-month low of $46.19 and a 12-month high of $48.99.

About BNY Mellon High Yield Beta ETF

The BNY Mellon High Yield Beta ETF (BKHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of USD-denominated high yield corporate bonds with broad maturities. BKHY was launched on Apr 24, 2020 and is managed by BNY Mellon.