BNY Mellon International Equity ETF (NYSEARCA:BKIE) Reaches New 52-Week High – Here’s Why

Shares of BNY Mellon International Equity ETF (NYSEARCA:BKIE) reached a new 52-week high on Monday . The company traded as high as $34.29 and last traded at $33.96, with a volume of 2356 shares trading hands. The stock had previously closed at $33.89.

BNY Mellon International Equity ETF Price Performance

The stock has a 50 day simple moving average of $33.34 and a 200-day simple moving average of $32.70. The firm has a market cap of $1.30 billion, a PE ratio of 16.44 and a beta of 0.79.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. raised its position in shares of BNY Mellon International Equity ETF by 13.5% in the 2nd quarter. Raymond James Financial Inc. now owns 11,270 shares of the company’s stock worth $971,000 after purchasing an additional 1,342 shares during the last quarter. Jane Street Group LLC grew its position in BNY Mellon International Equity ETF by 203.3% during the 2nd quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after purchasing an additional 63,247 shares during the last quarter. Private Advisor Group LLC grew its position in BNY Mellon International Equity ETF by 15.9% during the 3rd quarter. Private Advisor Group LLC now owns 4,645 shares of the company’s stock valued at $416,000 after purchasing an additional 637 shares during the last quarter. Bank of America Corp DE increased its stake in BNY Mellon International Equity ETF by 90.5% during the 3rd quarter. Bank of America Corp DE now owns 16,872 shares of the company’s stock valued at $1,511,000 after purchasing an additional 8,013 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in BNY Mellon International Equity ETF by 497.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 43,152 shares of the company’s stock valued at $3,864,000 after purchasing an additional 35,929 shares in the last quarter.

BNY Mellon International Equity ETF Company Profile

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.