BNY Mellon US Mid Cap Core Equity ETF $BKMC Stock Acquired by RPOA Advisors Inc.

RPOA Advisors Inc. raised its position in shares of BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) by 205.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,564,518 shares of the company’s stock after purchasing an additional 7,104,670 shares during the quarter. BNY Mellon US Mid Cap Core Equity ETF accounts for 12.2% of RPOA Advisors Inc.’s portfolio, making the stock its 3rd largest position. RPOA Advisors Inc. owned approximately 63.99% of BNY Mellon US Mid Cap Core Equity ETF worth $407,685,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 7.0% in the first quarter. Bank of New York Mellon Corp now owns 550,459 shares of the company’s stock valued at $60,719,000 after purchasing an additional 35,792 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 1.9% in the first quarter. Geneos Wealth Management Inc. now owns 69,515 shares of the company’s stock worth $7,668,000 after purchasing an additional 1,310 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 6.9% during the first quarter. Cetera Investment Advisers now owns 9,554 shares of the company’s stock worth $1,054,000 after purchasing an additional 613 shares during the period. Citadel Advisors LLC lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 53.7% during the second quarter. Citadel Advisors LLC now owns 7,428 shares of the company’s stock worth $920,000 after purchasing an additional 2,594 shares during the period. Finally, Key Financial Inc lifted its holdings in shares of BNY Mellon US Mid Cap Core Equity ETF by 78.8% during the first quarter. Key Financial Inc now owns 7,253 shares of the company’s stock worth $800,000 after purchasing an additional 3,196 shares during the period.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.3%

Shares of NYSEARCA BKMC opened at $38.38 on Tuesday. The business’s 50 day moving average price is $39.99 and its 200 day moving average price is $39.83. The firm has a market cap of $633.65 million, a P/E ratio of 19.73 and a beta of 1.02. BNY Mellon US Mid Cap Core Equity ETF has a 52 week low of $34.30 and a 52 week high of $42.07.

BNY Mellon US Mid Cap Core Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.1386 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.55 dividend on an annualized basis and a yield of 1.4%. This is a drop from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.3775.

BNY Mellon US Mid Cap Core Equity ETF Profile

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.