BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the target of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,275 shares, a drop of 19.1% from the February 26th total of 5,282 shares. Based on an average daily trading volume, of 9,080 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On BNY Mellon US Mid Cap Core Equity ETF

A number of hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its stake in BNY Mellon US Mid Cap Core Equity ETF by 18,146.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,377,956 shares of the company’s stock valued at $150,108,000 after buying an additional 1,370,404 shares during the last quarter. RPOA Advisors Inc. increased its holdings in BNY Mellon US Mid Cap Core Equity ETF by 5.2% during the third quarter. RPOA Advisors Inc. now owns 4,229,542 shares of the company’s stock valued at $458,971,000 after buying an additional 209,436 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 29.5% during the 4th quarter. Diversify Wealth Management LLC now owns 212,257 shares of the company’s stock worth $24,459,000 after acquiring an additional 48,301 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in BNY Mellon US Mid Cap Core Equity ETF by 111.2% during the second quarter. Geneos Wealth Management Inc. now owns 63,969 shares of the company’s stock valued at $6,548,000 after purchasing an additional 33,687 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 867.1% in the third quarter. Flow Traders U.S. LLC now owns 29,969 shares of the company’s stock worth $3,252,000 after buying an additional 26,870 shares during the period.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

Shares of BNY Mellon US Mid Cap Core Equity ETF stock traded up $0.03 during midday trading on Monday, reaching $108.05. 10,650 shares of the company’s stock traded hands, compared to its average volume of 16,541. The stock has a 50 day moving average of $114.87 and a 200-day moving average of $111.32. BNY Mellon US Mid Cap Core Equity ETF has a 12 month low of $82.26 and a 12 month high of $119.18. The company has a market cap of $599.68 million, a PE ratio of 19.73 and a beta of 1.06.

BNY Mellon US Mid Cap Core Equity ETF Company 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.