BNY Mellon US Small Cap Core Equity ETF $BKSE Stock Sold by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its position in shares of BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) by 76.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,348 shares of the company’s stock after selling 93,035 shares during the period. Park Avenue Securities LLC owned 1.41% of BNY Mellon US Small Cap Core Equity ETF worth $1,178,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in BKSE. Elm3 Financial Group LLC increased its position in BNY Mellon US Small Cap Core Equity ETF by 197.0% during the third quarter. Elm3 Financial Group LLC now owns 5,412 shares of the company’s stock worth $225,000 after acquiring an additional 3,590 shares during the period. Accredited Investors Inc. acquired a new stake in BNY Mellon US Small Cap Core Equity ETF during the first quarter worth $233,000. Fifth Third Wealth Advisors LLC lifted its stake in BNY Mellon US Small Cap Core Equity ETF by 200.0% during the third quarter. Fifth Third Wealth Advisors LLC now owns 7,224 shares of the company’s stock worth $300,000 after purchasing an additional 4,816 shares during the period. Cetera Investment Advisers raised its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 12.6% in the 1st quarter. Cetera Investment Advisers now owns 6,408 shares of the company’s stock worth $730,000 after buying an additional 716 shares in the last quarter. Finally, Symphony Financial Ltd. Co. boosted its stake in BNY Mellon US Small Cap Core Equity ETF by 3.9% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 6,907 shares of the company’s stock valued at $924,000 after buying an additional 261 shares in the last quarter.

BNY Mellon US Small Cap Core Equity ETF Price Performance

NYSEARCA BKSE opened at $42.99 on Tuesday. BNY Mellon US Small Cap Core Equity ETF has a one year low of $35.00 and a one year high of $46.02. The firm has a market cap of $82.97 million, a PE ratio of 15.47 and a beta of 1.08. The stock’s 50 day simple moving average is $42.73 and its 200 day simple moving average is $41.87.

BNY Mellon US Small Cap Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.1457 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.4%. This is a negative change from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.4233.

About BNY Mellon US Small Cap Core Equity ETF

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.