BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC) Reaches New 12-Month High – Here’s What Happened

BNY Mellon US Large Cap Core Equity ETF (NYSEARCA:BKLC)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $49.63 and last traded at $49.40, with a volume of 29258 shares. The stock had previously closed at $49.41.

BNY Mellon US Large Cap Core Equity ETF Price Performance

The firm has a market capitalization of $5.68 billion, a price-to-earnings ratio of 25.44 and a beta of 1.02. The stock has a fifty day moving average of $47.75 and a two-hundred day moving average of $45.54.

Institutional Investors Weigh In On BNY Mellon US Large Cap Core Equity ETF

A number of institutional investors have recently made changes to their positions in the stock. Ascentis Independent Advisors acquired a new stake in shares of BNY Mellon US Large Cap Core Equity ETF in the first quarter valued at about $25,000. Assetmark Inc. lifted its stake in shares of 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 worth $46,000 after acquiring an additional 221 shares during the period. Financial Management Professionals Inc. acquired a new position in shares of BNY Mellon US Large Cap Core Equity ETF in the fourth quarter worth approximately $50,000. Waverly Advisors LLC bought a new stake in BNY Mellon US Large Cap Core Equity ETF in the first quarter valued at approximately $68,000. Finally, CWM LLC boosted its holdings 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 acquiring an additional 471 shares during the last quarter.

About BNY Mellon US Large Cap Core Equity ETF

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.