BNY Mellon International Equity ETF (NYSEARCA:BKIE) Sees Large Volume Increase – Here’s Why

by · The Markets Daily

BNY Mellon International Equity ETF (NYSEARCA:BKIE – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 78,806 shares traded hands during trading, an increase of 176% from the previous session’s volume of 28,541 shares.The stock last traded at $74.42 and had previously closed at $73.38.

BNY Mellon International Equity ETF Trading Up 1.9 %

The company has a fifty day moving average price of $73.84 and a two-hundred day moving average price of $75.48. The firm has a market cap of $643.11 million, a P/E ratio of 14.45 and a beta of 0.85.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BKIE. RPOA Advisors Inc. lifted its position in shares of BNY Mellon International Equity ETF by 1.2% in the fourth quarter. RPOA Advisors Inc. now owns 4,046,888 shares of the company’s stock worth $293,116,000 after purchasing an additional 49,723 shares in the last quarter. Total Investment Management Inc. boosted its position in BNY Mellon International Equity ETF by 10.9% during the third quarter. Total Investment Management Inc. now owns 731,218 shares of the company’s stock valued at $57,891,000 after purchasing an additional 71,876 shares during the last quarter. Sentinel Pension Advisors Inc. grew its stake in BNY Mellon International Equity ETF by 4.1% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 574,379 shares of the company’s stock valued at $41,602,000 after purchasing an additional 22,393 shares in the last quarter. Advisory Resource Group increased its position in shares of BNY Mellon International Equity ETF by 6.4% during the 3rd quarter. Advisory Resource Group now owns 66,201 shares of the company’s stock worth $5,241,000 after purchasing an additional 3,978 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of BNY Mellon International Equity ETF by 56.5% in the 2nd quarter. Cetera Investment Advisers now owns 15,974 shares of the company’s stock valued at $1,189,000 after buying an additional 5,769 shares during the last quarter.

BNY Mellon International Equity ETF Company Profile

(Get Free Report)

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.

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